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                            31.703 Requirements.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart31.031.131.231.331.631.7
Section31.70131.70231.703
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31.703 Requirements.31.703 Requirements.       (a) 						            Contracts which refer to this  subpart  31.7 for determining allowable costs shall be deemed to refer to, and shall have the allowability of costs determined by the contracting officer in accordance with, the OMB Uniform Guidance at 2 CFR part 200, subpart E and appendix IV in effect on the date of the contract.                                          (b) Agencies are not expected to place additional restrictions on individual items of cost. However, under                         10 U.S.C. 3744                                          and   41 U.S.C.4304, the costs cited in  31.603(b) are unallowable.    **Parent topic:**  Subpart 31.7 - Contracts with Nonprofit Organizations
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