---
kind: "section"
citation: "48 C.F.R. § 9903.301"
title: "48"
number: "9903.301"
heading: "Definitions."
url: "https://uscodex.org/cfr/48/9903.301"
---

# §9903.301. Definitions.

- (a) **The definitions set forth below apply to this chapter 99.** Accrued benefit cost method. See 9904.412-30.

  Accumulating costs. See 9904.401-30.

  Actual cash value. See 9904.416-30.

  Actual cost. See 9904.401-30 for the broader definition and 9904.407-30 for a more restricted definition applicable only to the standard on the use of standard costs for direct material and direct labor.

  Actuarial assumption. See 9904.412-30 or 9904.413-30.

  Actuarial cost method. See 9904.412-30 or 9904.413-30.

  Actuarial gain and loss. See 9904.412-30 or 9904.413-30.

  Actuarial liability. See 9904.412-30 or 9904.413-30.

  Actuarial valuation. See 9904.412-30 or 9904.413-30.

  Allocate. See 9904.402-30, 9904.403-30, 9904.406-30, 9904.410-30, 9904.411-30, 9904.418-30 or 9904.420-30.

  Asset accountability unit. See 9904.404-30.

  Assignment of cost to cost accounting periods. See 9903.302-1(b).

  Bid and proposal (B&P) cost. See 9904.420-30.

  Business unit. See 9904.410-30, 9904.411-30 or 9904.414-30.

  CAS-covered contract, as used in this part, means any negotiated contract or subcontract in which a CAS clause is required to be included.

  Category of material. See 9904.411-30.

  Change to a cost accounting practice. See 9903.302-2.

  Compensated personal absence. See 9904.408-30.

  Cost accounting practice. See 9903.302-1.

  Cost input. See 9904.410-30.

  Cost objective. See 9904.402-30, 9904.406-30, 9904.410-30 or 9904.411-30.

  Cost of capital committed to facilities. See 9904.414-30.

  Currently performing, as used in this part, means that a contractor has been awarded a contract, but has not yet received notification of final acceptance of all supplies, services, and data deliverable under the contract (including options).

  Deferred compensation. See 9904.415-30.

  Defined-benefit pension plan. See 9904.412-30.

  Defined-contribution pension plan. See 9904.412-30.

  Direct cost. See 9904.402-30 or 9904.418-30.

  Directly associated cost. See 9904.405-30.

  Disclosure statement, as used in this part, means the Disclosure Statement required by 9903.202-1.

  Entitlement. See 9904.408-30.

  Estimating costs. See 9904.401-30.

  Expressly unallowable cost. See 9904.405-30.

  Facilities capital. See 9904.414-30.

  Final cost objective. See 9904.402-30 or 9904.410-30.

  Fiscal year. See 9904.406-30.

  Funded pension cost. See 9904.412-30.

  Funding agency. See 9904.412-30.

  General and administrative (G&A) expense. See 9904.410-30 or 9904.420-30.

  Home office. See 9904.403-30 or 9904.420-30.

  Immediate-gain actuarial cost method. See 9904.413-30.

  Independent research and development (IR&D) cost. See 9904.420-30.

  Indirect cost. See 9904.402-30, 9904.405-30, 9904.418-30 or 9904.420-30.

  Indirect cost pool. See 9904.401-30, 9904.402-30, 9904.406-30 or 9904.418-30.

  Insurance administration expenses. See 9904.416-30.

  Intangible capital asset. See 9904.414-30 or 9904.417-30.

  Labor cost at standard. See 9904.407-30.

  Labor-rate standard. See 9904.407-30.

  Labor-time standard. See 9904.407-30.

  Material cost at standard. See 9904.407-30.

  Material inventory record. See 9904.411-30.

  Material-price standard. See 9904.407-30.

  Material-quantity standard. See 9904.407-30.

  Measurement of cost. See 9904.302-1(c).

  Moving average cost. See 9904.411-30.

  Multiemployer pension plan. See 9904.412-30.

  Negotiated subcontract, as used in this part, means any subcontract except a firm fixed-price subcontract made by a contractor or subcontractor after receiving offers from at least two persons not associated with each other or with such contractor or subcontractor, providing

  - (1) The solicitation to all competitors is identical,
  - (2) Price is the only consideration in selecting the subcontractor from among the competitors solicited, and
  - (3) **The lowest offer received in compliance with the solicitation from among those solicited is accepted.** Net awards, as used in this chapter, means the total value of negotiated CAS-covered prime contract and subcontract awards, including the potential value of contract options, received during the reporting period minus cancellations, terminations, and other related credit transactions.

    Normal cost. See 9904.412-30 or 9904.413-30.

    Original complement of low cost equipment. See 9904.404-30.

    Pay-as-you-go cost method. See 9904.412-30.

    Pension plan. See 9904.412-30 or 9904.413-30.

    Pension plan participant. See 9904.413-30.

    Pricing. See 9904.401-30.

    Production unit. See 9904.407-30.

    Projected average loss. See 9904.416-30.

    Projected benefit cost method. See 9904.412-30 or 9904.413-30.

    Proposal. See 9904.401-30.

    Repairs and maintenance. See 9904.404-30.

    Reporting costs. See 9904.401-30.

    Residual value. See 9904.409-30.

    Segment. See 9904.403-30, 9904.410-30, 9904.413-30 or 9904.420-30.

    Self-insurance. See 9904.416-30.

    Self-insurance charge. See 9904.416-30.

    Service life. See 9904.409-30.

    Small business, as used in this part, means any concern, firm, person, corporation, partnership, cooperative, or other business enterprise which, under [15 U.S.C. 637(b)(6)](/usc/15/637.md?p=b-6) and the rules and regulations of the Small Business Administration in [part 121 of title 13 of the Code of Federal Regulations](/cfr/13/part121.md), is determined to be a small business concern for the purpose of Government contracting.

    Spread-gain actuarial cost method. See 9904.413-30.

    Standard cost. See 9904.407-30.

    Tangible capital asset. See 9904.403-30, 9904.404-30, 9904.409-30, 9904.414-30 or 9904.417-30.

    Termination gain or loss. See 9904.413-30.

    Unallowable cost. See 9904.405-30.

    Variance. See 9904.407-30.

    Weighted average cost. See 9904.411-30.

- (b) The definitions set forth below are applicable exclusively to educational institutions and apply to this chapter 99.

  Business unit. See 9903.201-2(c)(2)(ii).

  Educational institution. See 9903.201-2(c)(2)(i).

  Intermediate cost objective. See 9905.502-30(a)(7).

  Segment. See 9903.201-2(c)(2)(ii).


## Notes

### Amendments

[57 FR 14153, Apr. 17, 1992, as amended at 58 FR 58802, Nov. 4, 1993; 59 FR 55770, Nov. 8, 1994; 61 FR 39361, July 29, 1996; 90 FR 43946, Sept. 11, 2025]

### Authority

Authority: Public Law 111-350, 124 Stat. 3677, 41 U.S.C. 1502.

### Source

Source: 57 FR 14153, Apr. 17, 1992, unless otherwise noted.

### Amendments

[57 FR 14153, Apr. 17, 1992, as amended at 58 FR 58802, Nov. 4, 1993; 59 FR 55770, Nov. 8, 1994; 61 FR 39361, July 29, 1996; 90 FR 43946, Sept. 11, 2025]