[Federal Register Volume 76, Number 51 (Wednesday, March 16, 2011)]
[Rules and Regulations]
[Pages 14570-14571]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-5559]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Parts 30 and 52

[FAC 2005-50; FAR Case 2009-025; Item VIII; Docket 2010-0087, Sequence 
1]
RIN 9000-AL58


Federal Acquisition Regulation; Disclosure and Consistency of 
Cost Accounting Practices for Contracts Awarded to Foreign Concerns

AGENCIES: Department of Defense (DoD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Final rule.

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SUMMARY: DoD, GSA, and NASA have adopted as final, without change, an 
interim rule amending the Federal Acquisition Regulation (FAR) to align 
it with a Cost Accounting Standards (CAS) Board clause, Disclosure and 
Consistency of Cost Accounting Practices-Foreign Concerns.

DATES: Effective Date: March 16, 2011.

FOR FURTHER INFORMATION CONTACT: 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 FAC 2005-50, FAR 
Case 2009-025.

SUPPLEMENTARY INFORMATION:

I. Background

    DoD, GSA, and NASA published an interim rule in the Federal 
Register at 75 FR 34283 on June 16, 2010, to maintain consistency 
between CAS and FAR in matters relating to disclosure requirements of 
CAS for contracts awarded to foreign concerns. Specifically, the 
interim rule was issued in response to the Cost Accounting Standard 
Board's March 26, 2008, publication of a final rule, which implemented 
the use of the clause, Disclosure and Consistency of Cost Accounting 
Practices--Foreign Concerns, in CAS-covered contracts and subcontracts 
awarded to foreign concerns (73 FR 15939). The interim rule amended the 
FAR to align FAR clause 52.230-4 with the Cost Accounting Standards 
Board clause, Disclosure and Consistency of Cost Accounting Practices--
Foreign Concerns. FAR clause 52.230-6, Administration of Cost 
Accounting

[[Page 14571]]

Standards, was also revised to include reference to FAR clause 52.230-
4.
    DoD, GSA, and NASA received no comments on the interim rule and 
have adopted the interim rule as a final rule without change.

II. Executive Order 12866

    This is not a significant regulatory action and, therefore, was not 
subject to review under Section 6(b) of Executive Order 12866, 
Regulatory Planning and Review, dated September 30, 1993. This rule is 
not a major rule under 5 U.S.C. 804.

III. Regulatory Flexibility Act

    The Department of Defense, the General Services Administration, and 
the National Aeronautics and Space Administration certify that this 
final rule will not have a significant economic impact on a substantial 
number of small entities within the meaning of the Regulatory 
Flexibility Act, 5 U.S.C. 601, et seq., because contracts and 
subcontracts with small businesses are exempt from the application of 
the Cost Accounting Standards.

IV. Paperwork Reduction Act

    The final rule does not contain any information collection 
requirements that require the approval of the Office of Management and 
Budget under the Paperwork Reduction Act (44 U.S.C. chapter 35).

List of Subjects in 48 CFR Parts 30 and 52

    Government procurement.

    Dated: March 4, 2011.
Millisa Gary,
Acting Director, Office of Governmentwide Acquisition Policy.

Interim Rule Adopted as Final Without Change

0
Accordingly, the interim rule amending 48 CFR parts 30 and 52, which 
was published in the Federal Register at 75 FR 34283 on June 16, 2010, 
is adopted as a final rule without change.

[FR Doc. 2011-5559 Filed 3-15-11; 8:45 am]
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