Section 809 Panel - Recommendation #30 - Reshape Cost Accounting Standards Program Requirements to Function Better in a Changed Acquisition Environment

Abstract

Cost Accounting Standards (CAS) program requirements lack sufficient nimbleness to accommodate the evolving acquisition environment. Except for changes in monetary thresholds, CAS program requirements have remained relatively static since the 1970s. Independent studies conducted over time have consistently demonstrated that the government has faced substantial barriers to accessing important technologies because supplies exist that will not accept a CAS-covered contract. CAS program requirements should be reshaped for the future.