White House OMB Board Proposes Elimination of Dozens of Unnecessary and Redundant Accounting Requirements on Federal Contractors
Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than 60 requirements. The current rules force contractors who support the Government’s most important missions – from national defense to energy dominance, human space exploration, and making