96-1027. Federal Acquisition Regulation; Availability of Accounting Guide

[Federal Register Volume 61, Number 18 (Friday, January 26, 1996)]
[Rules and Regulations]
[Page 2640]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-1027]



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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Part 31

[FAC 90-37; FAR Case 94-002; Item XIII]
RIN 9000-AG79


Federal Acquisition Regulation; Availability of Accounting Guide

AGENCIES: Department of Defense (DOD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Final rule.

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SUMMARY: The Civilian Agency Acquisition Council and the Defense 
Acquisition Regulations Council have agreed on a final rule amending 
the Federal Acquisition Regulation (FAR) to advise contractors on how 
to obtain an informational accounting guide entitled ``Guidance for New 
Contractors.'' This regulatory action was not subject to Office of 
Management and Budget review under Executive Order 12866, dated 
September 30, 1993.

EFFECTIVE DATE: March 26, 1996.

FOR FURTHER INFORMATION CONTACT:
Mr. Jeremy Olson at [phone] in reference to this FAR case. For 
general information, contact the FAR Secretariat, Room 4037, GS 
Building, Washington, DC 20405 [phone]. Please cite FAC 90-37, 
FAR case 94-002.

SUPPLEMENTARY INFORMATION: 

A. Background

    The final rule is the result of a recommendation by the Office of 
Federal Procurement Policy SWAT Team that the FAR be revised to include 
information on how contractors may obtain an accounting guide, 
published by the Defense Contract Audit Agency, to assist in developing 
contractors' accounting systems.

B. Regulatory Flexibility Act

    The final rule does not constitute a significant FAR revision 
within the meaning of FAR 1.501 and Public Law 98-577, and publication 
for public comments is not required. Therefore, the Regulatory 
Flexibility Act does not apply. However, comments from small entities 
concerning the affected subpart will be considered in accordance with 5 
U.S.C. 610. Such comments must be submitted separately and cite 5 
U.S.C. 601, et seq. (FAC 90-37, FAR case 94-002), in correspondence.

C. Paperwork Reduction Act

    The Paperwork Reduction Act does not apply because the changes to 
the FAR do not impose recordkeeping or information collection 
requirements, or collections of information from offerors, contractors, 
or members of the public which require the approval of the Office of 
Management and Budget under 44 U.S.C. 3501, et seq.

List of Subjects in 48 CFR Part 31

    Government procurement.

    Dated: January 11, 1996.
Edward C. Loeb,
Acting Director, Office of Federal Acquisition Policy.

    Therefore, 48 CFR Part 31 is amended as set forth below:

PART 31--CONTRACT COST PRINCIPLES AND PROCEDURES

    1. The authority citation for 48 CFR Part 31 continues to read as 
follows:

    Authority: 40 U.S.C. 486(c); 10 U.S.C. chapter 137; and 42 
U.S.C. 2473(c).

    2. Section 31.002 is added to read as follows:


31.002  Availability of accounting guide.

    Contractors needing assistance in developing or improving their 
accounting systems and procedures may request a copy of the guide 
entitled ``Guidance for New Contractors'' (DCAAP 7641.90). The guide is 
available from: Headquarters, Defense Contract Audit Agency, Operating 
Administrative Office, 8725 John J. Kingman Road, Suite 2135, Fort 
Belvoir, Virginia 22060-6219; Telephone No. [phone]; Telefax No. 
[phone].

[FR Doc. 96-1027 Filed 1-25-96; 8:45 am]
BILLING CODE 6820-EP-M