Management and Budget Office June 14, 2007 – Federal Register Recent Federal Regulation Documents

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Cost Accounting Standards Board; Contract Clauses

Document Number: E7-11332

Type: Proposed Rule

Date: 2007-06-14

Agency: Management and Budget Office, Office of Federal Procurement Policy, Federal Procurement Policy Office, Executive Office of the President

The Cost Accounting Standards (CAS) Board is proposing to add a clause for inclusion in CAS-covered contracts and subcontracts awarded to foreign concerns. The Board is taking this action to provide a standard clause for use by Government and contractor personnel in applying the CAS requirements to contracts and subcontracts awarded to foreign concerns.

https://regulations.justia.com/regulations/fedreg/2007/06/14/E7-11332.html

Cost Accounting Standards Board (CAS) Changes to Acquisition Thresholds

Document Number: E7-11328

Type: Rule

Date: 2007-06-14

Agency: Management and Budget Office, Office of Federal Procurement Policy, Federal Procurement Policy Office, Executive Office of the President

The Office of Federal Procurement Policy, Cost Accounting Standards (CAS) Board, is revising the threshold for the application of CAS to negotiated Government contracts. This rulemaking is authorized pursuant to Section 26 of the Office of Federal Procurement Policy Act. The Board is taking final action on this topic in order to adjust the CAS applicability threshold in accordance with Section 822 of the 2006 National Defense Authorization Act (Pub. L. 109-163). Section 822 amended 41 U.S.C. 422(f)(2)(A) to require that the threshold for CAS applicability be the same as the threshold for compliance with the Truth in Negotiations Act (TINA).

https://regulations.justia.com/regulations/fedreg/2007/06/14/E7-11328.html