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TITLE VIII--ACQUISITION POLICY, ACQUISITION MANAGEMENT, AND RELATED MATTERS

House Conference Report 109-360

SEC. 822. INCREASE IN COST ACCOUNTING STANDARD THRESHOLD.

Section 26(f)(2)(A) of the Office of Federal Procurement Policy Act (41 U.S.C. 422(f)(A)) is amended by striking `$500,000' and inserting `the amount set forth in section 2306a(a)(1)(A)(i) of title 10, United States Code, as such amount is adjusted in accordance with applicable requirements of law'.

The House bill contained a provision (sec. 823) that would amend section 26(f)(2)(A) of the Office of Federal Procurement Policy Act (41 U.S.C. 403 et seq.) to increase the cost accounting standard threshold to $550,000, which would correspond with the current Truth in Negotiations Act (Public Law 87-653) threshold.

The Senate amendment contained no similar provision.

The Senate recedes with a technical amendment.

House Report 109-89

SECTION 823--INCREASE IN COST ACCOUNTING STANDARD THRESHOLD

This section would amend section 26(f)(2)(A) of the Office of Federal Procurement Policy Act (41 U.S.C. 403 et seq.) to increase the cost accounting standard (CAS) threshold to $550,000, which would correspond with the current Truth in Negotiations Act (TINA) (Public Law 87-653) threshold. Section 807 of the Ronald W. Reagan National Defense Authorization Act for Fiscal Year 2005 (Public Law 108-375) addressed inflation adjustments of acquisition related dollar thresholds. This section would ensure consistency henceforth regarding the CAS and TINA thresholds.