Regulations last checked for updates: May 19, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024
1516.303-71 - 1516.303-71 Definition.

Cost-sharing is a generic term denoting any situation where the Government does not fully reimburse a contractor for all allowable costs necessary to accomplish the project under the contract. This term encompasses cost-matching and cost-limitations, in addition to cost-sharing. Cost-sharing does not include usual contractual limitations such as indirect cost ceilings in accordance with FAR 42.707, or ceilings on travel or other direct costs. Cost-sharing contracts may be required as a result of Congressional mandate.

[61 FR 14504, Apr. 2, 1996]
authority: 5 U.S.C. 301 and 41 U.S.C. 418b.
source: 49 FR 8852, Mar. 8, 1984, unless otherwise noted.
cite as: 48 CFR 1516.303-71