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Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.31.201-5 Credits

Current as of January 02, 2025 | Updated by Findlaw Staff

The applicable portion of any income, rebate, allowance, or other credit relating to any allowable cost and received by or accruing to the contractor shall be credited to the Government either as a cost reduction or by cash refund. See 31.205–6(j)(3) for rules governing refund or credit to the Government associated with pension adjustments and asset reversions.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.31.201-5 Credits - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-31-201-5/

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