48 CFR § 1830.7002-1 - 1830.7002-1 Definitions.

---
identifier: "/us/cfr/t48/s1830.7002-1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 1830.7002-1 - 1830.7002-1   Definitions."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "1830.7002-1"
section_name: "1830.7002-1   Definitions."
chapter_number: 18
chapter_name: "NATIONAL AERONAUTICS AND SPACE ADMINISTRATION"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "1830"
part_name: "COST ACCOUNTING STANDARDS ADMINISTRATION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "51 U.S.C. 20113(a) and 48 CFR chapter 1."
regulatory_source: "61 FR 55767, Oct. 29, 1996, unless otherwise noted."
cfr_part: "1830"
---


# 1830.7002-1 1830.7002-1   Definitions.

(a) *Cost of money rate* is either—

(1) The interest rate determined by the Secretary of the Treasury under Public Law 92-41 (85 Stat. 97); or

(2) The time-weighted average of such rates for each cost accounting period during which the capital asset is being constructed, fabricated, or developed.

(b) *Representative investment* is the calculated amount considered invested by the contractor during the cost accounting period to construct, fabricate, or develop the capital asset.