Common use of RECOGNITION OF PRE Clause in Contracts

RECOGNITION OF PRE. AWARD COSTS (Include if pre-award costs have been authorized) Pre-award costs are authorized for reimbursement for costs incurred on or after (insert month, day, year) by the pre-award costs letter dated (insert date of approval letter), if such costs are allowable in accordance with the applicable Federal cost principles referenced in 10 CFR part 600.