Regulations last checked for updates: May 01, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025
2131.205-32 - 2131.205-32 Precontract costs.

Precontract costs will be allowable in accordance with FAR part 31, but precontract costs that exceed $100,000 will not be allowable except to the extent allowable under an advance agreement negotiated in accordance with section 2131.109 of this chapter.

[70 FR 41152, July 18, 2005]
source: 58 FR 40378, July 28, 1993, unless otherwise noted.
cite as: 48 CFR 2131.205-32