Accession Number:

AD1103044

Title:

GAO/NSIAD-93-132R FAR Cost Principles Revisions

Descriptive Note:

Technical Report

Corporate Author:

United States General Accounting Office Washington United States

Personal Author(s):

Report Date:

1993-02-05

Pagination or Media Count:

6.0

Abstract:

Prior to March 1989, the FAR cost principles did not treat severance pay for foreign nationals differently than severance pay for U.S. citizens. In general, severance pay was allowable if required by law an employer-employee agreement an established policy that was, in effect, an implied agreement by the contractor or circumstances of the specific employment. In addition, severance pay had to meet certain general allowability criteria, depending on whether the cost was normal turnover severance pay or abnormal or mass severance pay.

Subject Categories:

  • Logistics, Military Facilities and Supplies
  • Personnel Management and Labor Relations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE