DATE: March 7, 2001

SUBJECT: Department of Defense; Public Meetings on Streamlining Cost Measurement, Assignment, and Allocation

SOURCE: Federal Register, March 7, 2001, Vol. 66, No. 45, page 13712

AGENCIES: Department of Defense (DOD)

ACTION: Notice of Public Meeting

SYNOPSIS: Director of Defense Procurement Deidre Lee is sponsoring a public meeting to discuss potential opportunities to streamline the provisions of Federal Acquisition Regulation (FAR) Part 31, Contract Cost Principles and Procedures, concerning cost measurement, assignment, and allocation. The Director of Defense Procurement would like to hear the views of interested parties on what they believe are potential areas for streamlining in light of the evolution of generally accepted accounting principles (GAAP), the advent of acquisition reform, and experience gained from implementation.

EDITOR'S NOTE: The Cost Accounting Standards (CAS) are available on the Internet at http://www.arnet.gov/far/97/html/appendix.html.

DATES: The first meeting will be held on April 19, 2001, from 10:00 a.m. until 1:00 p.m. Upon identification of the key areas, subsequent public meetings will be held to hear views of interested parties regarding specific recommendations. The dates and times of those meetings will be published on the Internet home page of the Office of Cost, Pricing, and Finance at http://www.acq.osd.mil/dp/cpf.

ADDRESSES: The meeting will be held in the Auditorium at the General Services Administration, 18th and F Streets, NW, Washington, DC. Directions may be found at http://www.acq.osd.mil/dp/cpf.

FOR FURTHER INFORMATION CONTACT: Mr. David Capitano, Office of Cost, Pricing, and Finance, 703-695-9764, fax: 703-693-9616, e-mail: dcapitano@osd.mil.

SUPPLEMENTAL INFORMATION: A listing of some possible streamlining areas is published at http://www.acq.osd.mil/dp/cpf. The following is a summary of the "strawman," which is "not intended to express any specific position on any particular issue, [but] to stimulate a dialogue..."

FOR FURTHER INFORMATION CONTACT: Panoptic Enterprises at 703-451-5953 or by e-mail to Panoptic@FedGovContracts.com.

Copyright 2001 by Panoptic Enterprises. All Rights Reserved.

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