[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR31.303]

[Page 618-619]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 31--CONTRACT COST PRINCIPLES AND PROCEDURES--Table of Contents
 
          Subpart 31.3--Contracts With Educational Institutions
 
Sec. 31.303  Requirements.

    (a) Contracts that refer to this subpart 31.3 for determining 
allowable costs under contracts with educational institutions shall be 
deemed to refer to, and shall have the allowability of costs determined 
by the contracting officer in accordance with, the revision of OMB 
Circular A-21 in effect on the date of the contract.
    (b) Agencies are not expected to place additional restrictions on 
individual items of cost.

[[Page 619]]

Subparts 31.4-31.5 [Reserved]