Federal Register: November 26, 2008 (Volume 73, Number 229)

DOCID: fr26no08-104 FR Doc E8-28043

OFFICE OF MANAGEMENT AND BUDGET

Management and Budget Office

CFR Citation: 48 CFR Part 9904

NOTICE: NOTICES

DOCID: fr26no08-104

ACTION: Cost Accounting Standards:

DOCUMENT ACTION: Notice of extension of public comment period.

SUBJECT CATEGORY:

Cost Accounting Standards: Harmonization of Cost Accounting Standards 412 and 413 With the Pension Protection Act of 2006

DATES: Comments must be in writing and must be received by December 15, 2008.

DOCUMENT SUMMARY:

The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (Board), is today announcing an extension of time to submit public comments regarding the Advance Notice of Proposed Rulemaking (ANPRM) (73 FR 51261, September 2, 2008) on the harmonization of Cost Accounting Standards (CAS) 412 and 413 with the Pension Protection Act (PPA) of 2006 (Pub. L. 109280, 120 Stat.780). Many of the public comments received as of November 3, 2008 noted that the ANPRM addressed complex and technical accounting issues. Some of the commenters noted that they were still actively performing actuarial modeling of the ANPRM and alternative approaches. These commenters asked that the Board consider promulgating a second ANPRM or accepting public comments submitted after the original due date of November 3, 2008. Because the Final Rule must be published within the statutory time requirements of Section 106 of the PPA, the Board is concerned that the promulgation of a second ANPRM might not be feasible. Therefore to permit fuller consideration of the continuing efforts by the public, and to mitigate the need for a second ANPRM, the Board is extending the comment period to the date specified below.

Public comments already received in response to the ANPRM are available in their entirety at http://www.whitehouse.gov/omb/ procurement/index_casb.htm and at http://www.regulations.gov.

SUMMARY:

Harmonization of Cost Accounting Standards 412 and 413 with the Pension Protection Act (of 2006),

FOR FURTHER INFORMATION CONTACT

Eric Shipley, Project Director, Cost Accounting Standards Board (telephone:
[[Page 72087]]
4107866381, email: Eric.Shipley@cms.hhs.gov). Lesley A. Field,
Acting Chairperson, Cost Accounting Standards Board.
[FR Doc. E828043 Filed 112508; 8:45 am]
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