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LEGI-SLATE Report for the Federal Register
Tue, August 18, 1992 3:18am (EDT)
Text of the Federal Register for...
57 FR 29619
L-S ID No.: 428336 (107 lines)
PAGE:
57 FR 29618 NO. 128 07/02/92
DEPARTMENT OF DEFENSE
office of the Secretary
32 CFR Part 165
Recoupment of Nonrecurring Costs on Sales or Licensing of U.S. Items
AGENCY: Office of the Secretary of Defense, Department of Defense.
ACTION: Proposed rule.
SUMMARY: This proposed rule would further reduce the financial and administrative burden on contractors making direct commercial sales to non- U.S. Government parties. It would eliminate the requirement to recoup nonrecurring costs on those sales. This proposed rule constitutes a step towards the desired goal of completely eliminating all nonrecurring cost recoupments. Culmination of the goal should assist the U.S. defense industry to be more competitive on a global basis by reducing contracting costs through resulting synergies, economies of scale, pricing and performance incentives, and reduced administrative burdens.
DATES: Comments should be received by August 3, 1992.
ADDRESSES: Forward comments to: Office of the DoD Comptroller, Attn: Director for Accounting Policy, The Pentagon, room 3A882, Washington, D.C. 20301-1100.
FOR FURTHER INFORMATION CONTACT:
Mr. R. Florence, 703-697-0585.
SUPPLEMENTARY INFORMATION: Today, the Department of Defense published an interim rule, 32 CFR part 165, to implement revised nonrecurring cost recoupment policies. This proposed rule would amend certain sections of the interim rule that would result in the elimination of recoupment of nonrecurring costs of all direct commercial sales.
Executive Order 12291
On November 26, 1991, the Office of Management and Budget advised that this rule was considered to be a major rule under Executive Order 12291. The
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