30.202-5
Filing Disclosure Statements
FAR 30.202-5 requires contractors to follow the Disclosure Statement filing procedures set forth in 48 CFR 9903.202-5 under the Cost Accounting Standards regulations.
Overview
FAR 30.202-5 directs contractors and contracting professionals to 48 CFR 9903.202-5 for the specific requirements regarding the filing of Disclosure Statements. This section serves as a cross-reference, indicating that the detailed procedures, timelines, and obligations for submitting Disclosure Statements are governed by the Cost Accounting Standards (CAS) regulations found in the referenced CFR section. The purpose is to ensure that contractors subject to CAS know where to find the authoritative filing requirements and comply accordingly.
Key Rules
- Reference to CAS Regulations
- Contractors must follow the filing requirements for Disclosure Statements as outlined in 48 CFR 9903.202-5.
- Disclosure Statement Filing
- The obligation to file, timing, and content of Disclosure Statements are not detailed here but are mandated by the referenced CAS regulation.
Responsibilities
- Contracting Officers: Ensure contractors are aware of and comply with the referenced CAS filing requirements.
- Contractors: Review and adhere to the filing procedures and deadlines in 48 CFR 9903.202-5.
- Agencies: Oversee compliance with CAS Disclosure Statement filing requirements.
Practical Implications
- This section exists to streamline the FAR by referencing the authoritative CAS regulation rather than duplicating requirements.
- Contractors must consult the referenced section to avoid missing critical filing deadlines or requirements.
- A common pitfall is overlooking the need to review the actual CAS regulation, which could result in noncompliance.