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                            1516.303-71   Definition.
        
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EPAARPart Number: 1516
        
                  

                                
                  
        Environmental Protection Agency Acquisition Regulation
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1516.303-71 Definition.       Cost-sharing is a generic term denoting any situation where the Government does not fully reimburse a contractor for all allowable costs necessary to accomplish the project under the contract. This term encompasses cost-matching and cost-limitations, in addition to cost-sharing. Cost-sharing does not include usual contractual limitations such as indirect cost ceilings in accordance with FAR 42.707, or ceilings on travel or other direct costs. Cost-sharing contracts may be required as a result of Congressional mandate.    **Parent topic:**  Subpart 1516.3 - Cost-Reimbursement Contracts
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