§ 700.3. Applicability.
137 words·~1 min read·
/us/cfr/t2/s§ 700.3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Subparts A through D of 2 CFR part 200 apply to for-profit entities located in the United States or its territories. The Federal Acquisition Regulation
(FAR)at 48 CFR part 30, Cost Accounting Standards, and Part 31, Contract Cost Principles and Procedures, takes precedence over the cost principles in Subpart E for Federal awards to U.S. for-profit entities.
(b)Subpart E applies to foreign organizations and foreign public entities, except where the Federal agency determines that the application of these subparts would be inconsistent with the international responsibilities of the United States or the laws of a foreign government. The Federal Acquisition Regulation
(FAR)at 48 CFR part 30, Cost Accounting Standards, and Part 31, Contract Cost Principles and Procedures, takes precedence over the cost principles in Subpart E for Federal awards to foreign for-profit entities.
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- 2 CFR 200
- 48 CFR 30
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§ 700.3
Applicability.
C.F.R.×1
Fed. Reg.×1
Cite2 CFR 200
Cite48 CFR 30
Cites 2Cited by 2 across 2 sources