Administracja i zamówienia · 29/01/1999

Federal Acquisition Regulation; Interest and Other Financial Costs

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council are proposing to amend the Federal Acquisition Regulation (FAR) to add interest charges or other amounts as a consequence of late contractor payments to the list of unallowable costs in the 'Interest and Other Financial Costs' cost principle, and to make several editorial revisions. This change aims to clarify the FAR's treatment of interest and other financial costs associated with late payments to contractors.