48 C.F.R. § 31.205.48 — Research and development costs.
Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Research and development costs. 31.205-48 Section 31.205-48 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS CONTRACT COST PRINCIPLES AND PROCEDURES Contracts With Commercial Organizations 31.205–48 Research and development costs. Research and development, as used in this subsection, means the type of technical effort described in 31.205–18 but sponsored by a grant or required in the performance of a contract. When costs are incurred in excess of either the price of a contract or amount of a grant for research and development effort, the excess is unallowable under any other Government contract. [65 FR 46072, July 26, 2000, as amended at 68 FR 28092, May 22, 2003]