Updating cas disclosure statements
(6) Whether certified cost or pricing data will be obtained, and if so, a discussion of how the data will be used in negotiating the contract or subcontract price. (8) The potential risk to the Government of waiving CAS. (10) Any other information that may be useful in evaluating the request. (c) The cognizant auditor is responsible for conducting reviews of Disclosure Statements for adequacy and compliance.(d) When neither of the conditions in paragraph (b) of this subsection exists, the waiver request must be prepared in accordance with .201-5(e) (FAR Appendix) and submitted to the CAS Board. (d) The CFAO is responsible for issuing determinations of adequacy and compliance of the Disclosure Statement.Federal awards issued on or after December 26, 2014 should be managed in accordance with 2 CFR Part 200: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (The Uniform Guidance).It is important to verify the appropriate regulations applicable to your award.(c) Insert the provision at FAR 52.230-7, Proposal Disclosure—Cost Accounting Practice Changes, in solicitations for contracts subject to CAS as specified in .201 (FAR Appendix). (1) The contracting officer shall insert the clause at FAR 52.230-2, Cost Accounting Standards, in negotiated contracts, unless the contract is exempted (see .201-1 (FAR Appendix)), the contract is subject to modified coverage (see .201-2 (FAR Appendix)), or the clause prescribed in paragraph (c) of this subsection is used.(2) The clause at FAR 52.230-2 requires the contractor to comply with all CAS specified in (FAR Appendix), to disclose actual cost accounting practices (applicable to CAS-covered contracts only), and to follow disclosed and established cost accounting practices consistently.(2) The clause at 52.230-4 requires the contractor to comply with .401 and .402 to disclose (if it meets certain requirements) actual cost accounting practices, and to follow consistently its disclosed and established cost accounting practices. (1) The contracting officer shall insert the clause at FAR 52.230-6, Administration of Cost Accounting Standards, in contracts containing any of the clauses prescribed in paragraphs (a), (b), (c), or (e) of this subsection.
Exceptional circumstances exist only when the benefits to be derived from waiving the CAS outweigh the risk associated with the waiver.
Documentation of appropriate regulations may be found in the Award Notice issued by the funding agency.
These guidelines pertain to federally sponsored projects and should be used as guidance for all sponsors unless specifically addressed in a non-Federal sponsor’s policies and/or procedures.
(2) The clause at FAR 52.230-3 requires the contractor to comply with .401, 9904.402, 9904.405, and 9904.406 (FAR Appendix) to disclose (if it meets certain requirements) actual cost accounting practices, and to follow consistently its established cost accounting practices. (1) The contracting officer shall insert the clause at FAR 52.230-4, Disclosure and Consistency of Cost Accounting Practices-Foreign Concerns, in negotiated contracts with foreign concerns, unless the contract is otherwise exempt from CAS (see .201-1).
Foreign concerns do not include foreign governments or their agents or instrumentalities.