Subpart 30.5
Cost Accounting Standards for Educational Institutions [Reserved]
FAR Subpart 30.5 is reserved and directs contracting professionals to 48 CFR Part 9905 for Cost Accounting Standards applicable to educational institutions.
Overview
- FAR Subpart 30.5 is reserved and does not contain substantive regulatory text. It is intended as a placeholder for future regulations or to reference related content elsewhere. The note directs users to 48 CFR Part 9905 for the applicable Cost Accounting Standards (CAS) requirements for educational institutions. This subpart is part of the broader framework for administering CAS in federal contracts, specifically as it relates to educational institutions.
Key Rules
- Reserved Status
- This subpart currently contains no rules or requirements; it is reserved for potential future use.
- Reference to 48 CFR Part 9905
- Contracting professionals should consult 48 CFR Part 9905 for the actual CAS requirements applicable to educational institutions.
Responsibilities
- Contracting Officers: Should be aware that this subpart is reserved and refer to 48 CFR Part 9905 for guidance on CAS for educational institutions.
- Contractors: Educational institutions seeking federal contracts must comply with CAS as outlined in 48 CFR Part 9905, not in this subpart.
- Agencies: No specific oversight or reporting obligations are imposed by this subpart.
Practical Implications
- This subpart exists as an organizational placeholder and directs users to the correct regulatory source for CAS requirements for educational institutions. Contracting professionals should not expect to find substantive requirements here but must ensure compliance with the referenced regulations in 48 CFR Part 9905. Common pitfalls include overlooking the need to consult the referenced part for compliance obligations.