Get the free Federal Acquisition Regulation 47.104 3 - gpo

Federal Acquisition Regulation 47.104 3 Subsection 42.1403 2 prescribes regulations and procedures for the occasional use of contractor-prepaid commercial bills of lading for the transportation of

How to fill out federal acquisition regulation 47104

How to fill out federal acquisition regulation 47104:

1. Begin by familiarizing yourself with the purpose and requirements of federal acquisition regulation 47104. This regulation sets forth the procedures for determining the allowability of costs incurred by contractors under government contracts.
2. Gather all necessary documentation and information related to the costs incurred under the government contract. This may include invoices, receipts, timesheets, labor records, and any other relevant evidence of the costs.
3. Review the specific criteria outlined in federal acquisition regulation 47104 for determining the allowability of costs. This may include factors such as reasonableness, allocability, consistency, and compliance with applicable laws and regulations.
4. Assess each cost incurred under the government contract and evaluate its compliance with the criteria set forth in federal acquisition regulation 47104. Determine if the costs are allowable based on the established standards.
5. Keep detailed records of your evaluation process and the rationale behind your determinations. This will be important in case of any future audits or inquiries regarding the allowability of costs.
6. Document any costs that are deemed unallowable based on the criteria mentioned in federal acquisition regulation 47104. Be prepared to provide a clear explanation for why these costs were determined to be unallowable.
7. Once you have reviewed and evaluated all the costs, complete the necessary forms or reports required to officially document your determination of the allowability of costs. Ensure that all relevant details and supporting documentation are included.

Who needs federal acquisition regulation 47104:

1. Contractors who have entered into government contracts and are responsible for incurring costs under those contracts need to be familiar with federal acquisition regulation 47104.
2. Contracting officers and government officials involved in the oversight of government contracts must also have an understanding of federal acquisition regulation 47104 to ensure the proper evaluation of costs incurred by contractors.
3. Auditors and inspectors who assess the allowability of costs in relation to government contracts should be knowledgeable about the provisions outlined in federal acquisition regulation 47104.

Note: It is important to consult the actual federal acquisition regulation 47104 and any accompanying guidance or resources for detailed instructions and requirements specific to your situation.

For pdfFiller’s FAQs

What is federal acquisition regulation 47104?

Federal Acquisition Regulation 47104 is a specific regulation under the Federal Acquisition Regulation (FAR) that outlines requirements for documenting subcontractor past performance.

Who is required to file federal acquisition regulation 47104?

Prime contractors who have subcontractors performing under a federal contract are required to file federal acquisition regulation 47104.

How to fill out federal acquisition regulation 47104?

Federal acquisition regulation 47104 must be filled out by providing detailed information about the subcontractor's past performance, including evaluations, ratings, and any relevant comments.

What is the purpose of federal acquisition regulation 47104?

The purpose of federal acquisition regulation 47104 is to ensure that prime contractors have visibility into the past performance of their subcontractors to make informed decisions during the procurement process.

What information must be reported on federal acquisition regulation 47104?

The information reported on federal acquisition regulation 47104 includes the subcontractor's performance evaluations, ratings, and any comments from the prime contractor or government officials.

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