FAR 52.230-7 - Proposal Disclosure - Cost Accounting Practice Change
Prescribed in 30.201-3(c) | ||
| Effective Date: | 1 April 2005 | |
| Clause or Provision: | Provision | |
| Provision or Clause Number: | 52.230-7 - Proposal Disclosure - Cost Accounting Practice Change | |
| Principle Type And/Or Purpose of Contract: | ||
| Required: | ||
| Applicable: | Time and Materials/Labor Hour; Facilities; Architect-Engineering; Dismantling, Demolition or Removal of Improvements; Fixed Price, Supply; Cost Reimbursement, Supply; Communication Services; Leasing of Motor Vehicles; Time & Material/Labor Hour; Cost Reimbursement, Construction; Fixed Price, Construction; Cost Reimbursement, Service; Fixed Price, Service; Cost Reimbursement, R&D; Fixed Price, R&D; Indefinite Delivery; Transportation; Utility Services | |
| Optional: | Simplified Acquisition Procedures (Excludes Micro-Purchase) | |
| Subject: | Category:Cost Accounting Standards (CAS) | |
| ProcurementType: | ||
| Contract Threshold: | >750,000 | |
| Prescription Overview: |
Prescription(c) Insert the provision at FAR 52.230-7, Proposal Disclosure—Cost Accounting Practice Changes, in solicitations for contracts subject to CAS as specified in 48 CFR 9903.201 (FAR Appendix). | |
| Clause Overview: |
ProvisionRequirementsThe offeror shall check “yes” below if the contract award will result in a required or unilateral change in cost accounting practice, including unilateral changes requested to be desirable changes. ____ Yes ____ No
If the offeror checked “Yes” above, the offeror shall— (1) Prepare the price proposal in response to the solicitation using the changed practice for the period of performance for which the practice will be used; and (2) Submit a description of the changed cost accounting practice to the Contracting Officer and the Cognizant Federal Agency Official as pricing support for the proposal. | |
| Important Notes/Requirements: |
Clause is required to be included in solicitations for contracts subject to CAS as specified in 48 CFR 9903.201 | |
| Subcontract Threshold: | >750,000 | |
| Incorporated by Reference: | No | |
| Uniform Contract Format: | K | |
| Editor: | Marshall | |
Personal notes.
