30.202-1
General requirements
FAR 30.202-1 requires contractors to follow the disclosure statement requirements found in 48 CFR 9903.202-1 for Cost Accounting Standards compliance.
Overview
FAR 30.202-1 directs contracting professionals to refer to 48 CFR 9903.202-1 for the general requirements related to disclosure statements under the Cost Accounting Standards (CAS). This section does not provide substantive requirements itself but serves as a cross-reference to the detailed rules and obligations found in the referenced CFR section. The referenced regulation outlines when and how contractors must submit disclosure statements, which are critical for ensuring compliance with CAS and for government oversight of cost accounting practices.
Key Rules
- Reference to 48 CFR 9903.202-1
- All general requirements for disclosure statements are governed by the referenced CFR section, not detailed here.
- Disclosure Statement Submission
- Contractors must follow the requirements in 48 CFR 9903.202-1 regarding when and how to submit disclosure statements.
Responsibilities
- Contracting Officers: Must ensure contractors are aware of and comply with the referenced disclosure requirements.
- Contractors: Must review and comply with the requirements in 48 CFR 9903.202-1 for submitting disclosure statements.
- Agencies: Oversee compliance and ensure proper documentation is maintained.
Practical Implications
- This section exists to streamline the FAR by referencing the authoritative source for disclosure requirements.
- Contractors must be diligent in consulting the referenced regulation to avoid compliance issues.
- Failure to follow the referenced requirements can result in contract delays or noncompliance findings.