WebMar 16, 2024 · (a) A cost is allowable only when the cost complies with all of the following requirements: (1) Reasonableness. (2) Allocability. (3) Standards promulgated by the CAS Board, if applicable, otherwise, generally accepted accounting principles and practices appropriate to the circumstances. (4) Terms of the contract. (5) Any limitations set forth … WebThe Federal Acquisition Regulation (FAR) is all about allowability: it says what you can charge to the government through a government contract—and what you cannot. …
52.230-3 Disclosure and Consistency of Cost Accounting Practices ...
WebMay 2, 2024 · Since the threshold for the applicability of the Cost Accounting Standards (CAS) is legally tied to the TINA threshold, the CAS threshold will also increase to $2 million. ... 2024, it is not clear when the pertinent Federal Acquisition Regulation (FAR) clauses will be changed. Anticipating the delay in revising the FAR, ... WebJul 2, 2024 · The threshold for Cost Accounting Standards applicability is required by 41 U.S.C. 1502(b)(1)(B) ... of the basic clause: (b) Unless an exception under FAR 15.403-1(b) applies, the Contractor shall require the subcontractor to submit certified cost or pricing data (actually or by specific identification in writing), as part of the subcontractor ... heart failure management racgp
Part 44 - Subcontracting Policies and Procedures - Acquisition
WebChapter 99 - Cost Accounting Standards Board, Office of Federal Procurement Policy, ... The contractor claims that the total of these activity costs are allowable under the Federal Acquisition Regulation (FAR) as “Economic planning costs” ... of the contract clause at 9903.201–4(a). (d) ... WebCost Accounting Standards Notices and Certification for $650,000 Applicability Any contract resulting from this solicitation is subject to the requirements of the Cost Accounting Standards Board (CASB) except those contracts for which exemption is authorized by the Federal Acquisition Regulations (FAR). WebMar 16, 2024 · (h) Compliance with Cost Accounting Standards in awarding subcontracts; (i) Appropriateness of types of contracts used (see 16.103 ); (j) Management control systems, including internal audit procedures, to administer progress payments to subcontractors; and (k) Implementation of higher-level quality standards. 44.304 … heart failure left ventricle