Regulations last checked for updates: May 02, 2024

Title 48 - Federal Acquisition Regulations System last revised: Apr 25, 2024
9904.408-40 - 9904.408-40 Fundamental requirement.

(a) The costs of compensated personal absence shall be assigned to the cost accounting period or periods in which the entitlement was earned.

(b) The costs of compensated personal absence for an entire cost accounting period shall be allocated pro-rata on an annual basis among the final cost objectives of that period.

authority: Pub. L. 100-679, 102 Stat. 4056, 41 U.S.C. 422.
cite as: 48 CFR 9904.408-40