GroundRules
48 CFR 31.201-5: 31.201-5 Credits.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 31—CONTRACT COST PRINCIPLES AND PROCEDURES
- Subpart 31.2—Contracts With Commercial Organizations
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.
Collected 2026-08-27T02:26:29Z. Source file · JSON