41 U.S.C. § 1504 — Effect on other standards and regulations
submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 205 words · no verdicts yet
Earlier cost-accounting standards and related rules remain effective until changed by the Cost Accounting Standards Board. Executive agencies may not issue inconsistent regulations, and covered costs cannot be governed by different executive-agency standards.
(a) Existing standards. Every cost-accounting standard, waiver, exemption, interpretation, modification, rule, and regulation issued by the former Cost Accounting Standards Board under section 719 of the Defense Production Act remains effective until this chapter’s Board changes, replaces, or rescinds it. It is subject to this division as though this division’s Board had issued it. (b) Inconsistent agency regulations. To keep an executive-agency regulation or proposed regulation consistent with a cost-accounting standard under this chapter, the Administrator must, using the authority listed in this subsection, rescind or refuse to issue the inconsistent regulation or proposal and take other authorized action. (c) Different standards. Costs covered by this chapter’s cost-accounting standards are not subject to another executive agency’s regulations that use different standards for measuring, assigning, or allocating those costs.
All cost accounting standards, waivers, exemptions, interpretations, modifications, rules, and regulations prescribed by the Cost Accounting Standards Board under section 719 of the Defense Production Act of 1950 (50 U.S.C. App. 2168)— 1
remain in effect until amended, superseded, or rescinded by the Board under this chapter; and
are subject to the provisions of this division in the same manner as if prescribed by the Board under this division.
To ensure that a regulation or proposed regulation of an executive agency is not inconsistent with a cost accounting standard prescribed or amended under this chapter, the Administrator, under the authority in sections 1121, 1122(a) to (c)(1), 1125, 1126, 1130, 1131, and 2305 of this title, shall rescind or deny the promulgation of the inconsistent regulation or proposed regulation and take other appropriate action authorized under sections 1121, 1122(a) to (c)(1), 1125, 1126, 1130, 1131, and 2305.
Costs that are the subject of cost accounting standards prescribed under this chapter are not subject to regulations established by another executive agency that differ from those standards with respect to the measurement, assignment, and allocation of those costs.
Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3699.)
- 2011Enacted · Pub. L. 111-350 · 124 Stat. 3699
A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.
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