What is CAS 48 CFR Chapter 99?
What is CAS 48 CFR Chapter 99?
eCFR :: 48 CFR Chapter 99 — Cost Accounting Standards Board, Office of Federal Procurement Policy, Office of Management and Budget.
Where is the FAR located within the CFR?
(b) The FAR is issued as Chapter 1 of Title 48, CFR.
What is the FAR clause?
The Federal Acquisition Regulation (FAR) is the primary regulation for use by all executive agencies in their acquisition of supplies and services with appropriated funds. The FAR also contains standard solicitation provisions and contract clauses and the various agency FAR supplements.
What is CFR mean?
The Code of Federal Regulations
The Code of Federal Regulations (CFR) is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.
Who is exempt from CAS?
There are 10 exemptions, the principle ones being (1) sealed bid contracts (2) negotiated contracts not in excess of $750,000 (3) contracts with small businesses (4) contracts where prices are set by law or regulations (5) contracts for commercial items and (6) firm-fixed price contracts awarded without submission of …
Who does CAS apply to?
contractor business units
Full CAS-coverage applies to contractor business units that receive either a single CAS-covered award of at least $50 million or at least $50 million in net CAS-covered awards during the preceding cost accounting period where one of those awards must be a “trigger” award of at least $7.5 million.
How do you read a far section?
The numbers to the right of the decimal point and to the left of the dash represent, in order, the subpart (one or two digits), and the section (two digits). The number to the right of the dash represents the subsection. Subdivisions may be used at the section and subsection level to identify individual paragraphs.
Where in the far would you find the policies and procedures for the application of transportation considerations for the acquisition of fixed price supplies?
Subpart 47.3 – Transportation in Supply Contracts (a) This subpart prescribes policies and procedures for the application of transportation and traffic management considerations in the acquisition of supplies.
What are the parts of the FAR?
The FAR is divided into subchapters, parts (each of which covers a separate aspect of acquisition), subparts, sections, and subsections. (b) Numbering. (1) The numbering system permits the discrete identification of every FAR paragraph. The digits to the left of the decimal point represent the part number.
What is the difference between FAR and CFR?
The Federal Aviation Regulations (FARs) are rules prescribed by the Federal Aviation Administration (FAA) governing all aviation activities in the United States. The FARs are part of Title 14 of the Code of Federal Regulations (CFR).
Is CFR a law?
The first edition of the CFR was published in 1938, and it has since gone through many changes. These rules are considered legally binding just as any statute. The Office of the Federal Register publishes the CFR annually in 50 titles. The titles represent broad subjects of Federal Regulation.
How do you read CFR?
The CFR is structured into 50 subject matter titles. Agencies are assigned chapters within these titles. The titles are broken down into chapters, parts, sections and paragraphs. For example, 42 CFR 260.11(a)(1) would be read as “title 42, part 260, section 11, paragraph (a)(1).”