48 CFR Part 431

Part 431—Contract Cost Principles and Procedures

Federal Acquisition Regulations System · Chapter 4, Chapter 4—Department of Agriculture · Subchapter E

48 CFR Part 431

Official text on eCFR ↗

Words: 49
Sections: 1
Last amended: November 6, 2024
Administered by: Department of Agriculture

48 CFR Part 431

Text as published by eCFR on 2026-07-30.

PART 431—CONTRACT COST PRINCIPLES AND PROCEDURES

Authority:

5 U.S.C. 301 and 40 U.S.C. 486(c).

Source:

89 FR 81015, Oct. 7, 2024, unless otherwise noted.

Subpart 431.1—Applicability

431.101 Objectives.

(a) The SPE is designated as the official authorized to give advance approval of an individual deviation concerning cost principles.

(b) The SPE is designated as the official authorized to give advance approval of a class deviation concerning cost principles after coordination with the Civilian Agency Acquisition Council (CAAC).