{"abstract":"DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to remove references to specific paragraphs in an accounting standard that were deleted in the Financial Accounting Standards Board's (FASB's) Accounting Standards Codification (ASC) of Generally Accepted Accounting Principles (GAAP). The immediate and delayed recognition procedures for the initial application transition obligation in paragraphs 111, 112, and 113, respectively, of superseded Financial Accounting Standard (FAS) 106, are obsolete and no longer exist in the authoritative GAAP (the ASC). DoD, GSA, and NASA, therefore, propose replacing the current references with replacement criteria for determining the allowability of the transition obligation, when converting from pay-as-you-go accounting for postretirement benefits (PRBs) to an accrual method of accounting for the purposes of government contract cost accounting.","action":"Proposed 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/2012/05/17/2012-11959.html","cfr_references":[{"chapter":null,"citation_url":null,"part":31,"title":48}],"citation":"77 FR 29305","comment_url":null,"comments_close_on":"2012-07-16","correction_of":null,"corrections":[],"dates":"Interested parties should submit written comments to the Regulatory Secretariat at one of the addressees shown below on or before July 16, 2012 to be considered in the formation of the final rule.","disposition_notes":null,"docket_ids":["FAR Case 2011-019","Docket 2011-0019","Sequence 1"],"dockets":[],"document_number":"2012-11959","effective_on":null,"end_page":29307,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2012/05/17/2012-11959.xml","html_url":"https://www.federalregister.gov/documents/2012/05/17/2012-11959/federal-acquisition-regulation-updated-postretirement-benefit-prb-references","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2012-11959?publication_date=2012-05-17","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2012-05-17/2012-11959/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":92,"last_updated":"2026-08-24 04:15:06 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2012-05-17/pdf/2012-11959.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2012-11959.pdf?1337172482","publication_date":"2012-05-17","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2012/05/17/2012-11959.txt","regulation_id_number_info":{"9000-AM23":{"issue":"201304","html_url":"https://www.federalregister.gov/regulations/9000-AM23/federal-acquisition-regulation-far-far-case-2011-019-updated-postretirement-benefit-prb-references","title":"Federal Acquisition Regulation (FAR); FAR Case 2011-019; Updated Postretirement Benefit (PRB) References","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201304&RIN=9000-AM23&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["9000-AM23"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FAR-2011-0019","supporting_documents_count":0,"docket_id":"FAR-2011-0019","regulation_id_number":null,"title":"Federal Acquisition Regulation; Updated Postretirement Benefit (PRB) References; FAR Case 2011-019","checked_regulationsdotgov_at":"2012-07-13T05:01:05Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":29305,"subtype":null,"title":"Federal Acquisition Regulation; Updated Postretirement Benefit (PRB) References","toc_doc":"Updated Postretirement Benefit References","toc_subject":"Federal Acquisition Regulations:","topics":["Government procurement"],"type":"Proposed Rule","volume":77}