[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: 48CFR9903.201-7]



[Page 277]

 

            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. 9903.201-7  Cognizant Federal agency responsibilities.



    (a) The requirements of part 9903 shall, to the maximum extent 

practicable, be administered by the cognizant Federal agency responsible 

for a particular contractor organization or location, usually the 

Federal agency responsible for negotiating indirect cost rates on behalf 

of the Government. The cognizant Federal agency should take the lead 

role in administering the requirements of part 9903 and coordinating CAS 

administrative actions with all affected Federal agencies. When multiple 

CAS-covered contracts or more than one Federal agency are involved, 

agencies should discourage Contracting Officers from individually 

administering CAS on a contract-by-contract basis. Coordinated 

administrative actions will provide greater assurances that individual 

contractors follow their cost accounting practices consistently under 

all their CAS-covered contracts and that changes in cost accounting 

practices or CAS noncompliance issues are resolved, equitably, in a 

uniform overall manner.

    (b) Federal agencies shall prescribe regulations and establish 

internal policies and procedures governing how agencies will administer 

the requirements of CAS-covered contracts, with particular emphasis on 

inter-agency coordination activities. Procedures to be followed when an 

agency is and is not the cognizant Federal agency should be clearly 

delineated. Internal agency policies and procedures shall provide for 

the designation of the agency office(s) or officials responsible for 

administering CAS under the agency's CAS-covered contracts at each 

contractor business unit and the delegation of necessary contracting 

authority to agency individuals authorized to administer the terms and 

conditions of CAS-covered contracts, e.g., Administrative Contracting 

Officers (ACOs) or other agency officials authorized to perform in that 

capacity. Agencies are urged to coordinate on the development of such 

regulations.



[59 FR 55756, Nov. 8, 1994]



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