Home › CFR › Title 48 › Part 952 › §952.231-7048 CFR §952.231-70 — Date of incurrence of cost.Verified against eCFR.gov as of November 12, 2026 ↗View official text on eCFR.gov ↗Copy linkIn accordance with 931.205-32, insert the following clause when advance understandings have been negotiated regarding costs incurred prior to the contract effective date: