[Federal Register Volume 73, Number 229 (Wednesday, November 26, 2008)]
[Notices]
[Pages 72086-72087]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-28043]


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OFFICE OF MANAGEMENT AND BUDGET

Office of Federal Procurement Policy

48 CFR Part 9904


Cost Accounting Standards: Harmonization of Cost Accounting 
Standards 412 and 413 With the Pension Protection Act of 2006

AGENCY: Office of Management and Budget, Office of Federal Procurement 
Policy

ACTION: Notice of extension of public comment period.

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SUMMARY: The Office of Federal Procurement Policy (OFPP), Cost 
Accounting Standards Board (Board), is today announcing an extension of 
time to submit public comments regarding the Advance Notice of Proposed 
Rulemaking (ANPRM) (73 FR 51261, September 2, 2008) on the 
harmonization of Cost Accounting Standards (CAS) 412 and 413 with the 
Pension Protection Act (PPA) of 2006 (Pub. L. 109-280, 120 Stat.780). 
Many of the public comments received as of November 3, 2008 noted that 
the ANPRM addressed complex and technical accounting issues. Some of 
the commenters noted that they were still actively performing actuarial 
modeling of the ANPRM and alternative approaches. These commenters 
asked that the Board consider promulgating a second ANPRM or accepting 
public comments submitted after the original due date of November 3, 
2008. Because the Final Rule must be published within the statutory 
time requirements of Section 106 of the PPA, the Board is concerned 
that the promulgation of a second ANPRM might not be feasible. 
Therefore to permit fuller consideration of the continuing efforts by 
the public, and to mitigate the need for a second ANPRM, the Board is 
extending the comment period to the date specified below.
    Public comments already received in response to the ANPRM are 
available in their entirety at http://www.whitehouse.gov/omb/procurement/index_casb.htm and at http://www.regulations.gov.

DATES: Comments must be in writing and must be received by December 15, 
2008.

ADDRESSES: The full text of the Advance Notice of Proposed Rulemaking, 
including the Board's response to public comments on the Staff 
Discussion Paper and the draft proposed amendments to Cost Accounting 
Standards 412 and 413, is available at: http://www.regulations.gov and 
http://www.whitehouse.gov/omb/procurement/index_casb.html.
    All comments to this Advance Notice of Proposed Rulemaking must be 
in writing. Due to delays in the receipt and processing of mail, 
respondents are strongly encouraged to submit comments electronically 
to ensure timely receipt. Electronic comments may be submitted in any 
one of three ways:
    1. Comments may be directly sent via http://www.regulations.gov--a 
Federal E-Government Web site that allows the public to find, review, 
and submit comments on documents that agencies have published in the 
Federal Register and that are open for comment. Simply type ``CAS 
Pension Harmonization ANPRM'' (without quotes) in the Comment or 
Submission search box, click Go, and follow the instructions for 
submitting comments;
    2. Comments may be included in an e-mail message sent to 
[email protected]. The comments may be submitted in the text of the e-
mail message or as an attachment; or
    3. Comments may also be submitted via facsimile to (202) 395-5105.
    Be sure to include your name, title, organization, postal address, 
telephone number, and e-mail address in the text of your public comment 
and reference ``CAS Pension Harmonization ANPRM'' in the subject line. 
Comments received by the date specified below will be included as part 
of the official record.
    Please note that all public comments received will be available in 
their entirety at http://www.whitehouse.gov/omb/procurement/index_casb.html and http://www.regulations.gov shortly after their receipt.

FOR FURTHER INFORMATION CONTACT: Eric Shipley, Project Director, Cost 
Accounting Standards Board (telephone:

[[Page 72087]]

410-786-6381, e-mail: [email protected]).

Lesley A. Field,
Acting Chairperson, Cost Accounting Standards Board.
[FR Doc. E8-28043 Filed 11-25-08; 8:45 am]
BILLING CODE 3110-01-P