GAO/NSIAD-93-132R FAR Cost Principles Revisions
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.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 05, 1993
- Accession Number
- AD1103044
Entities
Organizations
- United States Government Accountability Office