[Code of Federal Regulations]

[Title 48, Volume 7]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR9903.201-1]



[Page 267-268]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

     CHAPTER 99--COST ACCOUNTING STANDARDS BOARD, OFFICE OF FEDERAL 

           PROCUREMENT POLICY, OFFICE OF MANAGEMENT AND BUDGET

 

PART 9903_CONTRACT COVERAGE--Table of Contents

 

                 Subpart 9903.2_CAS Program Requirements

 

Sec. 9903.201-1  CAS applicability.



    (a) This subsection describes the rules for determining whether a 

proposed contract or subcontract is exempt from CAS. (See 9904 or 9905, 

as applicable.) Negotiated contracts not exempt in accordance with 

9903.201-1(b) shall be subject to CAS. A CAS-covered contract may be 

subject to full, modified or other types of CAS coverage.



[[Page 268]]



The rules for determining the applicable type of CAS coverage are in 

9903.201-2.

    (b) The following categories of contracts and subcontracts are 

exempt from all CAS requirements:

    (1) Sealed bid contracts.

    (2) Negotiated contracts and subcontracts not in excess of $500,000. 

For purposes of this paragraph (b)(2) an order issued by one segment to 

another segment shall be treated as a subcontract.

    (3) Contracts and subcontracts with small businesses.

    (4) Contracts and subcontracts with foreign governments or their 

agents or instrumentalities or, insofar as the requirements of CAS other 

than 9904.401 and 9904.402 are concerned, any contract or subcontract 

awarded to a foreign concern.

    (5) Contracts and subcontracts in which the price is set by law or 

regulation.

    (6) Firm fixed-priced and fixed-price with economic price adjustment 

(provided that price adjustment is not based on actual costs incurred) 

contracts and subcontracts for the acquisition of commercial items.

    (7) Contracts or subcontracts of less than $7.5 million, provided 

that, at the time of award, the business unit of the contractor or 

subcontractor is not currently performing any CAS-covered contracts or 

subcontracts valued at $7.5 million or greater.

    (8)-(12) [Reserved]

    (13) Subcontractors under the NATO PHM Ship program to be performed 

outside the United States by a foreign concern.

    (14) Contracts and subcontracts to be executed and performed 

entirely outside the United States, its territories, and possessions.

    (15) Firm-fixed-price contracts or subcontracts awarded on the basis 

of adequate price competition without submission of cost or pricing 

data.



[57 FR 14153, Apr. 17, 1992; 57 FR 34167, Aug. 3, 1992, as amended at 58 

FR 58801, Nov. 4, 1993; 59 FR 55753, Nov. 8, 1994; 60 FR 16540, Mar. 30, 

1995; 61 FR 39361, July 29, 1996; 62 FR 31295, June 6, 1997; 65 FR 

36769, June 9, 2000; 70 FR 29458, May 23, 2005]