United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2012_register executive 2012-05-17 article Proposed Rules D09002ee1c7fd02e5 D09002ee1c7fd035e United States Department of Defense originator org United States Government Agency or Subagency United States General Services Administration originator org United States Government Agency or Subagency United States National Aeronautics and Space Administration originator org United States Government Agency or Subagency DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to remove references to specific paragraphs in an accounting standard that were deleted in the Financial Accounting Standards Board's (FASB's) Accounting Standards Codification (ASC) of Generally Accepted Accounting Principles (GAAP). The immediate and delayed recognition procedures for the initial application transition obligation in paragraphs 111, 112, and 113, respectively, of superseded Financial Accounting Standard (FAS) 106, are obsolete and no longer exist in the authoritative GAAP (the ASC). DoD, GSA, and NASA, therefore, propose replacing the current references with replacement criteria for determining the allowability of the transition obligation, when converting from pay-as-you-go accounting for postretirement benefits (PRBs) to an accrual method of accounting for the purposes of government contract cost accounting. 77 FR 29305 https://www.govinfo.gov/app/details/FR-2012-05-17/2012-11959 2012-11959 fr17my12-21 RIN 9000-AM23 6820-EP-P FAR Case 2011-019 Docket 2011-0019 Sequence 1 https://www.govinfo.gov/app/details/FR-2012-05-17/2012-11959 https://www.govinfo.gov/content/pkg/FR-2012-05-17/html/2012-11959.htm https://www.govinfo.gov/content/pkg/FR-2012-05-17/pdf/2012-11959.pdf Government Procurement 3 p. 29305 29307 77 FR 29305 Title 48 Part 31 48 CFR Part 31 RIN 9000-AM23 Federal Acquisition Regulation; Updated Postretirement Benefit (PRB) References; Federal Register Vol. 77, Issue PRORULE 2012-11959 DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION 2012-07-16 FAR Case 2011-019 Docket 2011-0019 Sequence 1 6820-EP-P 2012-11959 Proposed rule.

DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to remove references to specific paragraphs in an accounting standard that were deleted in the Financial Accounting Standards Board's (FASB's) Accounting Standards Codification (ASC) of Generally Accepted Accounting Principles (GAAP). The immediate and delayed recognition procedures for the initial application transition obligation in paragraphs 111, 112, and 113, respectively, of superseded Financial Accounting Standard (FAS) 106, are obsolete and no longer exist in the authoritative GAAP (the ASC). DoD, GSA, and NASA, therefore, propose replacing the current references with replacement criteria for determining the allowability of the transition obligation, when converting from pay-as-you-go accounting for postretirement benefits (PRBs) to an accrual method of accounting for the purposes of government contract cost accounting.

Interested parties should submit written comments to the Regulatory Secretariat at one of the addressees shown below on or before July 16, 2012 to be considered in the formation of the final rule. Mr. Edward N. Chambers, Procurement Analyst, at 202-501-3221 for clarification of content. For information pertaining to status or publication schedules, contact the Regulatory Secretariat at 202-501-4755. Please cite FAR Case 2011-019. Government Procurement Federal Acquisition Regulations: Updated Postretirement Benefit References , http://www.regulations.gov Regulations.gov Vol. 77, no. 96 Office of the Federal Register, National Archives and Records Administration 2012-05-17 continuing daily deposited born digital 322 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2012-05-17 P0b002ee1826c5cf0 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr17my12 https://www.govinfo.gov/app/details/FR-2012-05-17 https://www.govinfo.gov/content/pkg/FR-2012-05-17/pdf/FR-2012-05-17.pdf https://www.govinfo.gov/content/pkg/FR-2012-05-17/xml/FR-2012-05-17.xml fdlp 29207 29518 DGPO 2012-05-17 2024-06-03 FR-2012-05-17 machine generated eng FR FR-2012-05-17 77 96