FAR 31.201-5 — Credits
Regulatory text. Not legal advice.
The applicable portion of any income, rebate, allowance, or other credit relating to any allowable cost and received by or accruing to the contractor shall be credited to the Government either as a cost reduction or by cash refund. See FAR 31.205-6(j)(3) for rules governing refund or credit to the Government associated with pension adjustments and asset reversions.
Citation history: [48 FR 42301, Sept. 19, 1983, as amended at 54 FR 34755, Aug. 21, 1989; 63 FR 58597, Oct. 30, 1998; 72 FR 46363, Aug. 17, 2007]
Source: eCFR • Pulled 2026-04-16