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White House Eases Cost Accounting Rules

The federal board that oversees Cost Accounting Standards released a final rule and a proposed rule aimed at stripping out overlapping requirements for government contractors. The move, led by the ...
The White House

White House OMB Board Proposes Elimination of Dozens of Unnecessary and Redundant Accounting Requirements on Federal Contractors

Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...