OFFICE OF FEDERAL PROCUREMENT POLICY ISSUES PROPOSED RULE: INCREASE OF MONETARY THRESHOLDS AND OTHER MATTERS RELATED TO COST ACCOUNTING STANDARDS PROGRAM REQUIREMENTS

WASHINGTON, March 20 -- Office of Federal Procurement Policy has issued a proposed rule called: Increase of Monetary Thresholds and Other Matters Related to Cost Accounting Standards Program Requirements.

The proposed rule was published in the Federal Register on March 20 by Kevin R. Rhodes, Administrator, Office of Federal Procurement Policy, and Chair Cost Accounting Standards Board.

Summary: The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (the Board), is publishing this notice of proposed rulemaking (NPRM) to elicit public comments on proposed increases to the Cost Accounting Standards (CAS) thresholds and other matters related to the CAS program requirements.

For more information, contact John L. McCl...