{"abstract":"The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (the Board), is releasing this notice of proposed rulemaking (NPRM) to elicit public comments on proposed changes to the Cost Accounting Standards (CAS) to conform CAS 407 to Generally Accepted Accounting Principles (GAAP). The Board is performing the work under case number, CASB 2025-02.","action":"Notice of proposed rulemaking.","agencies":[{"raw_name":"OFFICE OF MANAGEMENT AND BUDGET","name":"Management and Budget Office","id":280,"url":"https://www.federalregister.gov/agencies/management-and-budget-office","json_url":"https://www.federalregister.gov/api/v1/agencies/280","parent_id":null,"slug":"management-and-budget-office"},{"raw_name":"Office of Federal Procurement Policy","name":"Federal Procurement Policy Office","id":184,"url":"https://www.federalregister.gov/agencies/federal-procurement-policy-office","json_url":"https://www.federalregister.gov/api/v1/agencies/184","parent_id":280,"slug":"federal-procurement-policy-office"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2026/03/20/2026-05512.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"9903","title":48},{"chapter":null,"citation_url":null,"part":"9904","title":48}],"citation":"91 FR 13562","comment_url":null,"comments_close_on":"2026-04-20","correction_of":null,"corrections":[],"dates":"Comments must be in writing and must be received by April 20, 2026.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"OMB","documents":[{"comment_count":4,"comment_start_date":"2026-03-20","updated_at":"2026-04-25T01:57:27.480-04:00","comment_url":"https://www.regulations.gov/commenton/OMB-2026-0002-0001","allow_late_comments":false,"id":"OMB-2026-0002-0001","comment_end_date":"2026-04-21","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"OMB-2026-0002","title":"Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407 Use of standard costs for direct material and direct labor."}],"document_number":"2026-05512","effective_on":null,"end_page":13566,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2026/03/20/2026-05512.xml","html_url":"https://www.federalregister.gov/documents/2026/03/20/2026-05512/conformance-of-cost-accounting-standards-to-generally-accepted-accounting-principles-for-cas-407-use","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2026-05512?publication_date=2026-03-20","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2026-03-20/2026-05512/mods.xml","not_received_for_publication":null,"page_length":5,"page_views":{"count":778,"last_updated":"2026-05-19 06:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-20/pdf/2026-05512.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-05512.pdf?1773924322","publication_date":"2026-03-20","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2026/03/20/2026-05512.txt","regulation_id_number_info":{"0348-AB91":null},"regulation_id_numbers":["0348-AB91"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":4,"agency_id":"OMB","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=OMB-2026-0002","supporting_documents_count":0,"docket_id":"OMB-2026-0002","document_id":"OMB-2026-0002-0001","regulation_id_number":"0348-AB91","title":"Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407 Use of standard costs for direct material and direct labor.","checked_regulationsdotgov_at":"2026-04-25T18:55:03Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":13562,"subtype":null,"title":"Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407 Use of Standard Costs for Direct Material and Direct Labor","toc_doc":"Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407 Use of Standard Costs for Direct Material and Direct Labor","toc_subject":null,"topics":["Government procurement"],"type":"Proposed Rule","volume":91}