Common use of Acceptable Cost Share Clause in Contracts

Acceptable Cost Share. ‌ An acceptable Cost Share must be verifiable from financial records and must not be included as a cost sharing contribution for any other Federal Government contract vehicle. Cost Share cannot be paid by the Federal Government under another contract vehicle, except that Independent Research and Development (IR&D) costs that otherwise meet the Cost Share requirements of 10 U.S.C. § 2371b are allowable subject to the cost principles of FAR 31.205-18 applicable to IR&D costs.

Acceptable Cost Share. ‌ An acceptable Cost Share must be verifiable from financial records and must not be included as a cost sharing contribution for any other Federal Government contract vehicle. Cost Share cannot be paid by the Federal Government under another contract vehicle, except that Independent Research and Development (IR&D) costs that otherwise meet the Cost Share requirements of 10 U.S.C. § 2371b are allowable subject to the cost principles of FAR 31.205-31.205- 18 applicable to IR&D costs.

Acceptable Cost Share. ‌ An acceptable Cost Share must be verifiable from financial records and must not be included as a cost sharing contribution for any other Federal Government contract vehicle. Cost Share cannot be paid by the Federal Government under another contract vehicle, except that Independent Research and Development (IR&D) costs that otherwise meet the Cost Share requirements of 10 U.S.C. § 2371b are allowable subject to the cost principles of FAR 31.205-18 applicable to IR&D costs.