[Federal Register Volume 59, Number 183 (Thursday, September 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23499]


[[Page Unknown]]

[Federal Register: September 22, 1994]


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OFFICE OF MANAGEMENT AND BUDGET

Office of Federal Procurement Policy

48 CFR Part 9903

 

Cost Accounting Standards Board; Applicability and Thresholds for 
Cost Accounting Standards Coverage; Correction

AGENCY: Cost Accounting Standards Board, Office of Federal Procurement 
Policy, OMB.

ACTION: Correction to final rule.

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SUMMARY: This document contains a correction to the correction notice 
published in the Federal Register on Wednesday, December 15, 1993 (58 
FR 65556). The notice concerned the final rule revising applicability, 
thresholds and procedures for the application of Cost Accounting 
Standards to negotiated government contracts, which was published 
Thursday, November 4, 1993 (58 FR 58798).

EFFECTIVE DATE: November 4, 1993.

FOR FURTHER INFORMATION CONTACT:
Richard C. Loeb, Executive Secretary, Cost Accounting Standards Board 
(telephone: 202-395-3254).

SUPPLEMENTARY INFORMATION: The correction notice published Wednesday, 
December 15, 1993, at 58 FR 65556 did not provide full text under 
Section 9903.201-4 and is corrected as follows.
    On page 65556, in the second column, section 9903.201-4, paragraph 
(c)(2) and the heading and paragraph (a)(1) of the ``Disclosure and 
Consistency of Cost Accounting Practices'' clause instructions is 
corrected to read as follows:


9903.201-4  Contract clauses.

* * * * *
    (c) * * *
    (2) The clause below requires the contractor to comply with CAS 
9904.401, 9904.402, 9904.405, and 9904.406, to disclose (if it meets 
certain requirements) actual cost accounting practices, and to follow 
consistently disclosed and established cost accounting practices.

Disclosure and Consistency of Costs Accounting Practices (Nov 1993)

    (a) * * *
    (1) Comply with the requirements of 9904.401, Consistency in 
Estimating, Accumulating, and Reporting Costs; 9904.402, Consistency 
in Allocating Costs Incurred for the Same Purpose; 9904.405, 
Accounting for Unallowable Costs; and 9904.406, Cost Accounting 
Standard--Cost Accounting Period, in effect on the date of award of 
this contract, as indicated in Part 9904.
* * * * *
Richard C. Loeb,
Executive Secretary, Cost Accounting Standards Board.
[FR Doc. 94-23499 Filed 9-21-94; 8:45 am]
BILLING CODE 3110-01-M