What's Next For Independent R&D Costs

Law360, New York (March 15, 2011, 1:28 PM EDT) -- On March 2, 2011, the U.S. Department of Defense issued a proposed rule that would condition the allowability of independent research and development (IR&D) costs charged to DOD contracts on reporting IR&D projects when a contractor’s annual IR&D costs exceed $50,000.

The rule would require contractors to report IR&D projects to the Defense Technical Information Center. The contractor must update inputs to the reporting system “at least annually” and the information must be made available to the cognizant administrative contracting officer (ACO) and the Defense Contract...
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