{"abstract":"The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) have agreed on a final rule amending the Federal Acquisition Regulation (FAR) by revising the cost principles for Deferred compensation other than pensions, and Postretirement benefits other than pensions. The related contract clause, Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions, is also revised. The rule revises the cost principle and contract clause by improving clarity and structure, and removing unnecessary and duplicative language. The revisions are intended to revise contract cost principles and procedures, in light of the evolution of Generally Accepted Accounting Principles (GAAP), the advent of Acquisition Reform, and experience gained from implementation of the cost principles in the FAR.","action":"Final rule.","agencies":[{"raw_name":"DEPARTMENT OF DEFENSE","name":"Defense Department","id":103,"url":"https://www.federalregister.gov/agencies/defense-department","json_url":"https://www.federalregister.gov/api/v1/agencies/103","parent_id":null,"slug":"defense-department"},{"raw_name":"GENERAL SERVICES ADMINISTRATION","name":"General Services Administration","id":210,"url":"https://www.federalregister.gov/agencies/general-services-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/210","parent_id":null,"slug":"general-services-administration"},{"raw_name":"NATIONAL AERONAUTICS AND SPACE ADMINISTRATION","name":"National Aeronautics and Space Administration","id":301,"url":"https://www.federalregister.gov/agencies/national-aeronautics-and-space-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/301","parent_id":null,"slug":"national-aeronautics-and-space-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2005/06/08/05-11185.html","cfr_references":[{"chapter":null,"citation_url":null,"part":31,"title":48},{"chapter":null,"citation_url":null,"part":52,"title":48}],"citation":"70 FR 33671","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: July 8, 2005.","disposition_notes":null,"docket_ids":["FAC 2005-04","FAR Case 2001-031","Item VII"],"dockets":[],"document_number":"05-11185","effective_on":"2005-07-08","end_page":33673,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2005/06/08/05-11185.xml","html_url":"https://www.federalregister.gov/documents/2005/06/08/05-11185/federal-acquisition-regulation-deferred-compensation-and-postretirement-benefits-other-than-pensions","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/05-11185?publication_date=2005-06-08","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2005-06-08/05-11185/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":116,"last_updated":"2026-09-22 18:15:08 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2005-06-08/pdf/05-11185.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2005-06-08","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2005/06/08/05-11185.txt","regulation_id_number_info":{"9000-AJ67":{"issue":"200404","html_url":"https://www.federalregister.gov/regulations/9000-AJ67/far-case-2001-031-deferred-compensation-and-post-retirement-benefits-other-than-pensions","title":"FAR Case 2001-031, Deferred Compensation and Post-Retirement Benefits Other Than Pensions","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=200404&RIN=9000-AJ67&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["9000-AJ67"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-12T16:39:56Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":33671,"subtype":null,"title":"Federal Acquisition Regulation; Deferred Compensation and Postretirement Benefits Other Than Pensions","toc_doc":"Deferred compensation and postretirement benefits other than pensions","toc_subject":"Federal Acquisition Regulation (FAR):","topics":["Government procurement"],"type":"Rule","volume":70}