Utah Admin. Code R33-12-608 - Use of Federal Cost Principles
(1) In dealing with contractors operating
according to federal cost principles, the procurement official may use the
federal cost principles, including the determination of allowable, allocable,
and reasonable costs, as guidance in contract negotiations
(2) In contracts not awarded under a program
which is funded by federal assistance funds, the procurement official may
explicitly incorporate federal cost principles into a solicitation and thus
into any contract awarded pursuant to that solicitation. The procurement
official and the contractor by mutual agreement may incorporate federal cost
principles into a contract during negotiation or after award.
(3) In contracts awarded under a program
which is financed in whole or in part by federal assistance funds, requirements
set forth in the assistance document including specified federal cost
principles, must be satisfied. To the extent that the cost principles specified
in the grant document conflict with the cost principles issued pursuant to
Section
63G-6a-1206,
the cost principles specified in the grant shall control.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.