View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
OMB RIN: 0348-AB68 Publication ID: Fall 2011 
Title: Cost Accounting Standards (CAS) Applicability Threshold 
Abstract: The CAS applicability threshold is tied to the TINA threshold, as adjusted. The TINA threshold was recently adjusted for inflation to $700,000, necessitating a change to the CAS applicability threshold. However, instead of identifying a stated dollar amount ($700,000) in the rule, the CASB proposes to change the CAS applicability threshold to "the Truth in Negotiations Act (TINA) threshold, as adjusted for inflation (41 U.S.C. 431(a)) (41 U.S.C. 422(f)(2)(A))." This wording change will allow future changes to the CAS applicability threshold to self execute upon any changes to the Federal Acquisition Regulation TINA threshold. 
Agency: Office of Management and Budget(OMB)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 48 CFR 9901    48 CFR 9903   
Legal Authority: 41 USC 1502(b)(1)(B) (formerly, 41 USC 422(f)(2)(A))    41 USC 1502(c) (formerly, 41 USC 422(g))    and 41 USC 1908 (formerly, 41 USC 431(a))   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/12/2011  76 FR 40817   
NPRM Comment Period End  09/12/2011    
Final Action  12/00/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Raymond Wong
Cost Accounting Standards Board Director
Office of Management and Budget
Office of Federal Procurement Policy, 9th Floor, 1800 G Street NW.,
Washington, DC 20006
Phone:202 395-6805
Email: raymond_wong@omb.eop.gov