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Electronic Code of Federal Regulations

e-CFR data is current as of April 1, 2020

Title 48Chapter 4Subchapter E → Part 431


Title 48: Federal Acquisition Regulations System


PART 431—CONTRACT COST PRINCIPLES AND PROCEDURES


Contents

Subpart 431.1—Applicability

431.101   Objectives.

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

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.

(c) Requests for advance approval of class deviations concerning cost principles must be submitted to the SPE through the HCA.

[61 FR 53646, Oct. 15, 1996]

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