Happy Holidays From The Far Council -- Proposed Restrictions On Allowable Airfare
Client Alert | 1 min read | 12.21.07
In a proposed change to FAR 31.205-46(b) (72 Fed. Reg. 72325 (Dec. 20, 2007)), the FAR Council is seeking public comments on a proposal to change the standard for allowable airfare from "the lowest customary standard, coach, or equivalent airfare offered during normal business hours" to nothing "in excess of the lowest priced coach class, or equivalent, airfare available to the contractor during normal business hours." While it appears from the comments in the proposed regulation and what is known about the background of this proposal that the principal purpose of the proposal is to measure the unallowable cost attributable to premium airfares by disallowing the excess over the lowest available discounted airfare available, the proposal obviously has the potential for creating serious difficulties for all contractors and all travel where the lowest price "available to the contractor" is determined in an ephemeral internet market that changes literally from minute to minute and depends on a variety of factors including the fliers' willingness to accept advance purchase and minimum stay requirements, restrictions on changes and refundability, and choice of carrier.
Insights
Client Alert | 4 min read | 12.31.25
Raising the Bar: New York Expands Consumer Protection Law with FAIR Business Practices Act
New York Governor Kathy Hochul has signed into law the most significant update to New York’s consumer protection law in 45 years — the Fostering Affordability and Integrity through Reasonable Business Practices Act, or FAIR Business Practices Act — expanding the scope of the state’s authority to now challenge unfair and abusive business practices. The measure, backed by New York Attorney General (“AG”) Letitia James and signed on December 19, 2025, amends New York’s General Business Law § 349, giving regulators new tools to protect consumers and promote fair marketplace practices.
Client Alert | 4 min read | 12.30.25
Client Alert | 6 min read | 12.30.25
Investor Advisory Committee Recommends SEC Disclosure Guidelines for Artificial Intelligence
Client Alert | 2 min read | 12.29.25
FYI – GAO Finds Key Person “Available” Despite Accepting Employment with a Different Company
