by David Capitano, Instructor/Cost Accounting Consultant | Jul 1, 2013 | The Clause Column
Commercial Item Acquisition NOTE: This is the third in a three-part series on Time-and-Materials/Labor-Hour Proposal Requirements. Part 1 addressed non-commercial item acquisition with adequate price competition (FAR 52.215-29). Part 2 addressed non-commercial item...
by Bill Walter, Partner, Dixon Hughes Goodman LLP | Nov 30, 2012 | Accounting, Audits, Cost, and Pricing
Proposing a Simpler Exemption. On November 19, 2012 the Office of Federal Procurement Policy (OFPP) and the Cost Accounting Standards (CAS) Board issued an invitation for public comments concerning a proposed modification to the existing “commercial item” exemption....
by David Capitano, Instructor/Cost Accounting Consultant | Nov 15, 2012 | The Clause Column
Applicability: FAR 52.212-4 applies to acquisitions for commercial items. Alternate I of that clause is included when the acquisition of commercial items will be awarded using a time-and-materials (T&M) or labor-hour contract (LH). Key Requirements: ...