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Code · STATUTE-COMPILATIONS · Compilation 1008 · Sec. 2192

Sec. 2192. REVISION OF COST PRINCIPLE RELATING TO ENTERTAINMENT, GIFT, AND RECREATION COSTS FOR CONTRACTOR EMPLOYEES

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## SEC. 2192 REVISION OF COST PRINCIPLE RELATING TO ENTERTAINMENT, GIFT, AND RECREATION COSTS FOR CONTRACTOR EMPLOYEES **[**[41 U.S.C. 256 note](/us/usc/t41/s256)**]** ###
(a)Costs Not Allowable ####
(1)The costs of gifts or recreation for employees of a contractor or members of their families that are provided by the contractor to improve employee morale or performance or for any other purpose are not allowable under a covered contract unless, within 120 days after the date of the enactment of this Act **[**Oct. 13, 1994**]**, the Federal Acquisition Regulatory Council prescribes amendments to the Federal Acquisition Regulation specifying circumstances under which such costs are allowable under a covered contract. ####
(2)Not later than 90 days after the date of the enactment of this Act **[**Oct. 13, 1994**]**, the Federal Acquisition Regulatory Council shall amend the cost principle in the Federal Acquisition Regulation that is set out in section 31.205–14 of title 48, Code of Federal Regulations, relating to unallowability of entertainment costs— #####
(A)by inserting in the cost principle a statement that costs made specifically unallowable under that cost principle are not allowable under any other cost principle; and #####
(B)by striking out “(but see 31.205–1 and 31.205–13)”. ###
(b)Definitions In this section: ####
(1)The term “**employee**” includes officers and directors of a contractor. ####
(2)The term “**covered contract**” has the meaning given such term in section 2324(l) of title 10, United States Code (as amended by section 2101(c)), and section 306(l) of the Federal Property and Administrative Services Act of 1949 (as added by section 2151). ###
(c)Effective Date Any amendments to the Federal Acquisition Regulation made pursuant to subsection
(a)shall apply with respect to costs incurred after the date on which the amendments made by section 2101 apply (as provided in section 10001) or the date on which the amendments made by section 2151 apply (as provided in section 10001), whichever is later. * * * * * * * ## Subtitle D Claims and Disputes * * * * * * * ### PART II ACQUISITIONS GENERALLY * * * * * * *
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  • 41 USC 256
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Sec. 2192
REVISION OF COST PRINCIPLE RELATING TO ENTERTAINMENT, GIFT, AND RECREATION COSTS FOR CONTRACTOR EMPLOYEES
Cite41 USC 256
Cites 1Cited by 0 across 0 sources
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