30.202-3
Amendments and revisions
FAR 30.202-3 requires contractors and contracting officers to follow the CAS Board's rules at 48 CFR 9903.202-3 for any amendments or revisions to Disclosure Statements.
Overview
- FAR 30.202-3 directs contracting professionals to refer to 48 CFR 9903.202-3 for the specific requirements regarding amendments and revisions to Cost Accounting Standards (CAS) Disclosure Statements. This section serves as a cross-reference, ensuring that contractors and contracting officers follow the authoritative CAS Board regulations for making changes to disclosure statements.
Key Rules
- Reference to CAS Board Regulations
- All procedures and requirements for amending or revising CAS Disclosure Statements are governed by 48 CFR 9903.202-3.
- Disclosure Statement Updates
- Contractors must ensure that any amendments or revisions to their Disclosure Statements comply with the CAS Board's rules and are submitted as required.
Responsibilities
- Contracting Officers: Must ensure contractors follow the procedures in 48 CFR 9903.202-3 for amendments and revisions to Disclosure Statements.
- Contractors: Must comply with the CAS Board's requirements for updating and submitting revised Disclosure Statements.
- Agencies: Should oversee compliance with CAS Board regulations regarding Disclosure Statement amendments.
Practical Implications
- This section exists to ensure consistency and compliance with CAS Board rules for Disclosure Statement amendments.
- Contractors must be diligent in tracking changes to their cost accounting practices and updating their Disclosure Statements accordingly.
- Failure to follow the referenced procedures can result in noncompliance, impacting contract eligibility and performance.