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New Budget Rate Requirements for Small Federal Contractors: What You Need to Know
Small businesses are a cornerstone of federal contracting, delivering critical services and innovation across agencies. However, to...
Lynne Moritz
Oct 13 min read
What Does it Mean to be “Selected”? FAR 31.205 - Selected Cost Series #1
Remember what types of costs are expressly unallowable as described in the Federal Acquisition Regulations section on Selected Cost FAR 31.2
Lynne Moritz
Nov 22, 20243 min read
Selected Costs that ARE Allowable FAR 31.205 - Selected Cost Series #2
The 7 allowable costs and their caveats. FAR 31.205 Selected Cost Series #2
Lynne Moritz
Nov 21, 20242 min read
More on Unallowable Costs…Directly Associated Costs - FAR 31.205 - Selected Cost Series #3
A directly associated cost is any cost that is generated solely as a result of incurring another cost.
Lynne Moritz
Nov 20, 20242 min read
Can a Company Reimburse Unallowable Costs? FAR 31.205 - Selected Cost Series #4
Expense reimbursement may be allowed by a company, but not necessarily by the Federal Government.
Lynne Moritz
Nov 19, 20242 min read
Penalties on Unallowable Costs - FAR 31.205 - Selected Cost Series #5
We’ve previously discussed types of unallowable costs (see prior deClermont Compliance Clips), how to account for those costs and the...
Lynne Moritz
Nov 18, 20242 min read
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