Revised ASSHTO Guidelines for Compensation/Bonus
AASHTO (American Association of State Highway and Transportation Officials)
The key changes to the new requirements pertaining to compensation, and by the way most of the other changes, is that they are now in accordance with FAR principles. More specifically, 31.205-6.
How interesting. Other agencies and audit organizations continue the move to come in line with FAR PART 31 cost principles. Why? They offer broad standard guidelines that can be consistently applied, most of the times.
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