Navigating through FAR Part 31 is nothing short of a complex web of intricacies for any contractor trying to conduct business with the government. You need to follow the proper guidelines to avoid major repercussions later that can potentially put your business at risk. The new Guide to FAR Cost Principles makes staying up-to-date on all the principles for pricing, modifications, and contract closeout less complicated. The Guide to FAR Cost Principles provides: In-depth, easy to understand explanations General rules applicable to all costs principles and analysis of selected costs Specific information and guidelines for submitting pricing data to the government A breakdown of all cost principles applicable to commercial contracts Cost principles for education institutions, local governments, and nonprofit organizations