Code of Federal Regulations: Containing a Codification of Documents of General Applicability and Future Effect as of December 31, 1948, with Ancillaries and Index

Front Cover
Division of the Federal Register, the National Archives, 1975
Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.

From inside the book

Other editions - View all

Common terms and phrases

Popular passages

Page 28 - ... average annual net earnings of the business or farm operation, except that such payment shall be not less than $2,500 nor more than $10,000.
Page 89 - Federal agency" means any executive agency or any establishment in the legislative or judicial branch of the Government (except the Senate, the House of Representatives, and the Architect of the Capitol and any activities under his direction) . (c) The term "Administrator" means the Administrator of General Services provided for in title I hereof.
Page 67 - Allocable costs, a. A cost is allocable to a particular cost objective to the extent of benefits received by such objective.
Page 58 - Incoming transportation charges are a proper part of material cost. Direct material cost should include only the materials and supplies actually used for the performance of the research agreement, and due credit should be given for any excess materials retained, or returned to vendors. Due credit should be given for all proceeds or value received for any scrap resulting from work under the research agreement. Where Government-donated or furnished material is used in performing the research agreement,...
Page 39 - Before the initiation of negotiations for real property, the head of the Federal agency concerned shall establish an amount which he believes to be just compensation therefor and shall make a prompt offer to acquire the property for the full amount so established.
Page 66 - Cost objective means a pool, center, or area established for the accumulation of cost. Such areas include organizational units, functions, objects or items of expense, as well as ultimate cost objectives Including spécifie grants, projects, contracts, and other activities. 6. Federal agency means the Department of Health.
Page 70 - ... use charges may be negotiated for any such assets if warranted after taking into consideration the cost of the facility or item involved...
Page 28 - For purposes of this subdivision, the term ''average annual net earnings" means one-half of any net earnings of the business, or farm operation, before federal, state, and local income taxes, during the two taxable years immediately preceding the taxable year in which such business or farm operation moves from the real property...
Page 58 - Maintenance and repair costs necessary for the upkeep of property (including Government property unless otherwise provided for) which neither add to the permanent value of the property nor appreciably prolong its intended life but keep it in an efficient operating condition, are allowable.
Page 60 - ... the patent has been adjudicated to be invalid or has been administratively determined to be invalid, the patent is considered to be unenforceable, or the patent has expired.

Bibliographic information