Cost Board Plans Meetings to Simplify Gov Contract Rules
Published Date: 3/20/2026
Notice
Summary
The Cost Accounting Standards Board is working hard to update and simplify the rules that companies follow when charging the government. They’re planning to remove some old rules, adjust money thresholds for when rules apply, and align standards with regular accounting practices. These changes aim to cut red tape and save time and money for businesses working on government contracts, with key meetings happening through early 2026.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 0 costs, 2 mixed.
Removing Old CAS Rules
The CAS Board is reviewing proposed rules to eliminate Cost Accounting Standards (CAS) 404, 408, 409, and 411 and may issue a final rule. The Board is also discussing conformance of CAS to Generally Accepted Accounting Principles (GAAP) and the remaining standards CAS 407, 415, and 416 as part of CAS–GAAP harmonization under 41 U.S.C. 1501(c)(2).
Raising CAS Coverage Thresholds
The CAS Board will discuss a proposed rule to increase the regulatory thresholds that trigger full CAS coverage and disclosure requirements, which are currently $50,000,000 (48 CFR 9903.201-2 and 48 CFR 9903.202-1). The Board will also consider how CAS applies to indefinite delivery contracts.
Moving Cost-Impact Rules from FAR to CAS
The CAS Board plans to discuss removing coverage of cost impact of accounting changes from Part 30 of the Federal Acquisition Regulation (FAR) and instead addressing cost impact rules in CAS by rulemaking. The Board will consider clarity around the phrase 'increased costs in the aggregate' as used in 41 U.S.C. 1503(b).
Pension Rules for Extraordinary Events
The CAS Board will discuss an Advance Notice of Proposed Rulemaking (ANPRM) to modify CAS 412 and CAS 413 to reconcile the Pension Protection Act of 2006 (PPA) requirements with CAS adjustments for extraordinary pension events such as curtailment, plan termination, or accounting after the sale or closing of a corporate segment.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in