Data / Federal rules / 2026-05512
Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407 Use of Standard Costs for Direct Material and Direct Labor
The Federal Procurement Policy Office published this proposed rule in the Federal Register on March 20, 2026. Comments closed on April 20, 2026.
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What the agency says
The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (the Board), is releasing this notice of proposed rulemaking (NPRM) to elicit public comments on proposed changes to the Cost Accounting Standards (CAS) to conform CAS 407 to Generally Accepted Accounting Principles (GAAP). The Board is performing the work under case number, CASB 2025-02.
Key facts
- Document number
- 2026-05512
- Type
- Proposed rule
- Action
- Notice of proposed rulemaking
- Agency
- Management and Budget Office; Federal Procurement Policy Office
- Published
- March 20, 2026
- Comments due
- April 20, 2026
- Dates
- Comments must be in writing and must be received by April 20, 2026.
- Regulation ID (RIN)
- 0348-AB91
- Code of Federal Regulations
- 48 CFR 9903; 48 CFR 9904
- Topics
- Government procurement
- Pages
- 5
Other documents from the Federal Procurement Policy Office
Everything from the Federal Procurement Policy Office · Rules on government procurement · Published in March 2026
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.