Tag Archives: unallowable

Selected Costs Series, Part 6 (FAR 31.205-10, Cost of Money)

payroll

An interesting fact about the cost of money – it actually costs the U.S. more to make a penny than it is actually worth!  Every time a new penny is minted, it costs the U.S. around $0.02 (net increase to … Continue reading

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Selected Costs Series, Part 4-4 (FAR 31.205-6)

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Compensation for Personal Services This section covers A LOT of topics, so it spans multiple posts for easy digestion; this is what’s left to discuss: (n)   Employee rebate and purchase discount plans. (o)   Postretirement benefits other than pensions (PRB). (p)   … Continue reading

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Selected Costs Series, Part 4-3 (FAR 31.205-6)

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Compensation for Personal Services This section covers A LOT of topics, so it spans multiple posts for easy digestion; this is what’s left to discuss: (h)   Backpay. (i)      Compensation based on changes in the prices of corporate securities or corporate … Continue reading

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Selected Costs Series, Part 4-2 (FAR 31.205-6)

payroll

Compensation for Personal Services This section covers A LOT of topics, so it spans multiple posts for easy digestion; this is what’s left to discuss: (d)   Form of Payment (e)   Income Tax Differential Pay (f)     Bonuses and Incentive Compensation (g)    … Continue reading

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Selected Costs Series, Part 4-1 (FAR 31.205-6)

payroll

Compensation for Personal Services After some relatively light discussions around FAR unallowable costs, the FAR turns to Compensation for Personal Services (FAR 31.205-6).  This section goes on, seemingly forever and is the bane of many contractor’s existence. This section covers … Continue reading

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Selected Costs Series, Part 3 (FAR 31.205-4 & 31.205-5)

bullying[1]

This section of the series deals with two more “Selected Costs” from FAR 31.205.  The first is Bonding Costs, the second is [Reserved] but used to be Civil Defense Costs. Bonding Costs For as long as I can remember, I … Continue reading

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Selected Costs Series, Part 2 (FAR 31.205-2 & 31.205-3)

Old-Computer

Last time we talked about Public Relations and Advertising.  Since the next Selected Cost has been “reserved” I will cover two in this post.  Looking at the brevity of the two costs being covered here, I really should go out … Continue reading

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