US lawFederal (United States)RegulationsTitle 48 CFR — Federal Acquisition Regulations SystemChapter 6 — DEPARTMENT OF STATEPart 631 — CONTRACT COST PRINCIPLES AND PROCEDURESSubpart 631.1—Applicability631.10148 C.F.R. § 631.101Objectives.Last amended: 2016Year: 2026Length: 14 wordsOfficial source Cite as 48 C.F.R. § 631.101 (2026)The Procurement Executive is the agency head's designee for the purposes of FAR 31.101.