Difference between revisions of "CAS Disclosure Statement - Update Requirements"

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9903.202-3 Amendments and revisions.
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==9903.202-3 Amendments and revisions==
  
  
 
Contractors and subcontractors are responsible for maintaining accurate Disclosure Statements and complying with disclosed practices. Amendments and revisions to Disclosure Statements may be submitted at any time and may be proposed by either the contractor or the Government. Resubmission of complete, updated, Disclosure Statements is discouraged except when extensive changes require it to assist the review process.
 
Contractors and subcontractors are responsible for maintaining accurate Disclosure Statements and complying with disclosed practices. Amendments and revisions to Disclosure Statements may be submitted at any time and may be proposed by either the contractor or the Government. Resubmission of complete, updated, Disclosure Statements is discouraged except when extensive changes require it to assist the review process.
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==General Instructions, Disclosure Statement==
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9. Disclosure Statements must be amended when cost accounting practices are changed to comply with a new CAS or when practices are changed with or without knowledge of the Government (Also see 48 CFR 9903.202-3).
  
  
 
[[Category:CAS Disclosure Statement]]
 
[[Category:CAS Disclosure Statement]]

Revision as of 16:43, 14 December 2022

The Code of Federal Regulations, Title 48 Sections 9903.202-3 govern when Disclosure Statements need to be updated.


9903.202-3 Amendments and revisions

Contractors and subcontractors are responsible for maintaining accurate Disclosure Statements and complying with disclosed practices. Amendments and revisions to Disclosure Statements may be submitted at any time and may be proposed by either the contractor or the Government. Resubmission of complete, updated, Disclosure Statements is discouraged except when extensive changes require it to assist the review process.

General Instructions, Disclosure Statement

9. Disclosure Statements must be amended when cost accounting practices are changed to comply with a new CAS or when practices are changed with or without knowledge of the Government (Also see 48 CFR 9903.202-3).