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OMB | RIN: 0348-AB85 | Publication ID: Fall 2024 |
Title: Application of Cost Accounting Standards to Indefinite Delivery Vehicles | |
Abstract:
The Cost Accounting Standards Board seeks public views on whether and how to amend its rules to address the application of Cost Accounting Standards (CAS) to indefinite delivery vehicles (IDVs). The use of IDVs has grown significantly over the last two decades and a 2018 report issued by the Advisory Panel on Streamlining Acquisition Regulations established by section 809 of the FY 2016 National Defense Authorization Act concluded that an amendment to the rules to address IDVs could help to avoid inconsistencies in the application of CAS to these vehicles. To address the benefits and drawbacks of revising its rules, the notice would seek comment on various potential approaches and on provisional principles that the Board would use to evaluate criteria. |
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Agency: Office of Management and Budget(OMB) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 48 CFR 9904 | |
Legal Authority: Pub. L. No. 111-350 124 Stat. 3677 41 U.S.C. 1502 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Mathew Blum Associate Administrator Office of Management and Budget Office of Federal Procurement Policy, 725 17th Street NW, Washington, DC 20500 Phone:202 680-9579 Email: mathew_c._blum@omb.eop.gov |