23 CFR 140.503: Definition.
Where this section sits in the code
- Title 23—Highways
- CHAPTER I—FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION
- SUBCHAPTER B—PAYMENT PROCEDURES
- PART 140—REIMBURSEMENT
- Subpart E—Administrative Settlement Costs—Contract Claims
Administrative settlement costs are costs related to the defense and settlement of contract claims including, but not limited to, salaries of a contracting officer or his/her authorized representative, attorneys, and/or members of State boards of arbitration, appeals boards, or similar tribunals, which are allocable to the findings and determinations of contract claims, but not including administrative or overhead costs.
Collected 2026-08-27T02:24:50Z. Source file · JSON