30.000
Scope of part
FAR 30.000 defines when Cost Accounting Standards apply, exempting sealed bids and small business contracts from CAS requirements.
Overview
FAR 30.000 establishes the scope of Part 30, outlining the policies and procedures for applying the Cost Accounting Standards Board (CASB) rules and regulations to negotiated contracts and subcontracts. It clarifies that these requirements do not apply to sealed bid contracts or contracts with small business concerns, referencing 48 CFR 9903.201-1(b) for further exemptions. The section serves as a gateway to understanding when and how CAS requirements are imposed in federal contracting, ensuring that only applicable contracts and contractors are subject to these standards.
Key Rules
- Applicability of CASB Rules
- CASB rules and regulations apply only to negotiated contracts and subcontracts, not to sealed bids or small business contracts.
- Exemptions
- Contracts with small businesses and other exemptions listed in 48 CFR 9903.201-1(b) are not subject to CAS requirements.
Responsibilities
- Contracting Officers: Must determine if a contract is subject to CAS and apply the appropriate policies and procedures.
- Contractors: Need to understand if their contract is subject to CAS and comply accordingly.
- Agencies: Ensure oversight and correct application of CAS requirements and exemptions.
Practical Implications
- This section helps contracting professionals quickly determine whether CAS applies to a given contract, reducing unnecessary compliance burdens for exempt contracts (such as those with small businesses or sealed bids).
- Misapplying CAS requirements can lead to compliance issues, disputes, or unnecessary administrative work.