Class Deviation 2012-O0003
Revision to Cost Accounting Standards Threshold

Effective immediately, contracting officers shall use the attached provision and clauses in lieu of the following FAR provision and clauses:

  • FAR provision 52.230-1 Cost Accounting Standards Notices and Certification. FAR clause 52.230-2 Cost Accounting Standards.
  • FAR clause 52.230-3 Disclosure and Consistency of Cost Accounting Standards.
  • FAR clause 52.230-4 Disclosure and Consistency of Cost Accounting Practices— Foreign Concerns.
  • FAR clause 52.230-5 Cost Accounting Standards—Educational Institution.

The attached provision and clauses shall be included in new solicitations and resultant contracts in accordance with the prescriptions at FAR 30.201-3 and 30.201-4, except that the contracting officer shall use the amount of $700,000 in lieu of $650,000, when applying the prescription at 30.201-4(b).

This deviation implements the increase in the cost accounting standards threshold from $650,000 to $700,000, as recently incorporated at 48 CFR 9901 and 9903 by the Cost Accounting Standards Board (76 FR 79545).

This class deviation is effective upon signature, and remains in effect until incorporated in the FAR or otherwise rescinded.

Status:
Archived
Incorporated
Effective Date: January 31, 2012 (9 years ago)
Expire Date: None Given
Incorporated: May 10, 2012 (9 years ago)
Official Documents: Memo
Official Attachments: 1
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