Utah Admin. Code 33-112-607

Current through Bulletin No. 2024-21, November 1, 2024
Section R33-112-607 - Applicable Credits

Applicable credits are receipts or price reductions which offset or reduce expenditures allocable to contracts as direct or indirect costs. Examples include purchase discounts, rebates, allowance, recoveries or indemnification for losses, sale of scrap and surplus equipment and materials, adjustments for overpayments or erroneous charges, and income from employee recreational or incidental services and food sales.

Utah Admin. Code R33-112-607

Adopted by Utah State Bulletin Number 2024-15, effective 7/9/2024, exp. 11/6/2024 (Emergency)
Adopted by Utah State Bulletin Number 2024-21, effective 10/22/2024