US lawFederal (United States)RegulationsTitle 48 CFR — Federal Acquisition Regulations SystemChapter 34 — DEPARTMENT OF EDUCATION ACQUISITION REGULATIONPart 3431 — CONTRACT COST PRINCIPLES AND PROCEDURESSubpart 3431.1—Applicability3431.10148 C.F.R. § 3431.101Objectives.Last amended: 2023Year: 2026Length: 16 wordsOfficial source Cite as 48 C.F.R. § 3431.101 (2026)The Senior Procurement Executive (SPE) is the agency head's designee for the purposes of FAR 31.101.