1. Home
  2. |Insights
  3. |Shades of Lazarus: Is Blacklisting Rule Coming Back to Life?

Shades of Lazarus: Is Blacklisting Rule Coming Back to Life?

Client Alert | 1 min read | 07.17.17

On June 26, 2017, Senator Elizabeth Warren (D-MA) introduced a new bill titled the Contractor Accountability and Workplace Safety Act of 2017 (S. 1440) aimed at holding Department of Defense (DoD) contractors and covered subcontractors accountable for workplace safety and health violations of federal and equivalent state labor laws. Three days later, during a closed mark-up of the National Defense Authorization Act (NDAA) for Fiscal Year 2018 in the Senate Armed Services Committee (SASC), Senator Warren introduced – and the SASC accepted – an amendment to the NDAA at Sections 830 and 831, similar to S. 1440. Under both S. 1440, and Sections 830-831 in the Senate’s version of the NDAA, which echo the Obama-era “Fair Pay and Safe Workplaces” EO and implementing regulations, DoD contracting officers would be required to consider workplace safety and health violations when evaluating the responsibility of a prospective DoD contractor prior to awarding or renewing a contract valued in excess of $1,000,000, and, as appropriate, refer matters related to these violations to the DoD Suspension and Debarment Official, ostensibly to ensure contractors’ compliance with these existing laws and establish a goal for DoD to work with responsible, compliant contractors.

Contacts

Insights

Client Alert | 1 min read | 07.08.26

CAS Board Publishes Final Rule Rescinding CAS 404, 408, 409, and 4117

As part of its ongoing effort to conform the Cost Accounting Standards (“CAS”) to generally accepted accounting principles (“GAAP”), the CAS Board published a final rule rescinding CAS 408 (Accounting for costs of compensated personal absence) and CAS 411 (Accounting for acquisition costs of material).  The CAS Board also rescinded CAS 404 (Capitalization of tangible assets) and CAS 409 (Depreciation of tangible capital assets) but retained certain requirements of CAS 404 and 409, which will be located in new paragraphs of CAS 405 (Accounting for unallowable costs).  Specifically, the CAS Board retained the requirements currently located at CAS 404-50(d)(1), CAS 409-50(e)(5), CAS 409-50(j)(1), and CAS 409-50(j)(4), which the CAS Board explained are necessary to protect the Government’s interests.  Otherwise, the CAS Board determined that the requirements of CAS 404, 408, 409, and 411 overlapped with GAAP such that GAAP “may be applied reasonably as a substitute for CAS to support contract cost and pricing.”...

View All Insights