Independent research and development (IR&D definition

Independent research and development (IR&D means a contractor’s IR&D cost that consists of projects falling within the four following areas: (1) basic research, (2) applied research, (3) development, and (4) systems and other concept formulation studies. The term does not include the costs of effort sponsored by a grant or required in the performance of a contract. IR&D effort shall not include technical effort expended in developing and preparing technical data specifi- cally to support submitting a bid or proposal.
Independent research and development (IR&D means a contractor’s IR&D cost that consists of projects falling within the four following areas:
Independent research and development (IR&D means a contractor's IR&D cost that is not sponsored by, or required in performance of, a contract or grant and that consists of projects falling within the four following areas: (1) basic research, (2) applied research, (3) development, and (4) systems and other concept formulation studies. IR&D effort shall not include technical effort expended in developing and preparing technical data specifically to support submitting a bid or proposal.

Examples of Independent research and development (IR&D in a sentence

  • Independent research and development (IR&D) is covered at 31.205–18.[48 FR 42352, Sept.

  • Unallowable expenses have been eliminated from the indirect cost pool (e.g., donated or contributed salaries and services, bad debts, fund raising, advertising, Independent research and development (IR&D), depreciation of Federally funded assets and lobbying costs, etc.).

  • Independent research and development (IR&D) is covered at 31.205-18.

  • Independent research and development (IR&D) means a contractor’s IR&D cost that consists of projects falling within the four following areas: (1) basic research, (2) applied research, (3) development, and (4) systems and other concept formulation studies.

  • TREATMENT OF INDEPENDENT RESEARCH & DEVELOPMENT (IR&D): Independent research and development (IR&D) costs are unallowable.

  • Independent research and development (IR&D) costs, as described at 32 CFR 34.13(a)(5)(ii), that meet all of the criteria in paragraphs (a) through (e) of this section.

  • Our strategy also consists of optimizing the performance, and therefore, the value, of existing operations, investing in quality exploration and development projects and acquiring new potentially accretive properties and projects.

  • Section 931.205–18 is revised to read as follows:931.205–18 Independent research and development (IR&D) and bid and proposal (B&P) costs.(c) In addition to all the other FAR requirements for allowability of IR&D costs, costs for IR&D are allowable under DOE contracts to the extent: they are not otherwise unallowable; and they have potential benefit or relationship to the DOE program.

  • A new section 1631.205-18 is added to read as follows: 1631.205-18 Independent research and development (IR&D) and bid and proposal (B&P) costs.

  • Independent research and development ("IR&D") expenses decreased 23.9% from $2.1 million (11.6% of revenues) for the three months ended December 31, 1999, to $1.6 million (3.7% of revenues) for the three months ended December 31, 2000.


More Definitions of Independent research and development (IR&D

Independent research and development (IR&D means a contractor’s IR&D cost that is not sponsored by, or required in performance of, a contract or grant and that consists of projects falling within the four following areas: (1) basic research, (2) applied research, (3) development, and (4) systems and other concept formulation studies. . . .
Independent research and development (IR&D as used in this subsection, means a contractor's IR&D cost that consists of projects falling within the four following areas:
Independent research and development (IR&D means a contractor’s IR&D cost that consists of projects falling within
Independent research and development (IR&D means the PLP’s cost that consists of research and development falling within the following areas: (1) basic research, (2) applied research, (3) development, or (4) systems and other concept formulation studies. The term does not include the costs of efforts sponsored by a grant or required in the performance of a contract or an Other Transaction Agreement.

Related to Independent research and development (IR&D

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • Research means a methodical investigation into a subject.

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;