Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
970.3102-05-28 - 970.3102-05-28 Other business expenses.
Link to an amendment published at 89 FR 89788, Nov. 13, 2024.

(i) Reasonable costs associated with the establishment and maintenance of financial institution accounts in connection with the work hereunder are allowable, including, but not limited to, service charges, the cost of disbursing cash, necessary guards, cashiers, and paymasters. If payments to employees are made by check, facilities and arrangements for cashing checks may be provided without expense to the employees, subject to the approval of the contracting officer.

authority: 42 U.S.C. 2201; 2282a; 2282b; 2282c; 42 U.S.C. 7101
source: 65 FR 81009, Dec. 22, 2000, unless otherwise noted.
cite as: 48 CFR 970.3102-05-28