B-204209 L/M, SEP 1, 1981, OFFICE OF GENERAL COUNSEL

B-204209 L/M, SEP 1, 1981, OFFICE OF GENERAL COUNSEL

DIGEST: GAO HAS NO COMMENT ON PROPOSED REVISION TO DAR WHICH REVISES THE COST PRINCIPLES COVERING BID AND PROPOSAL COSTS (DAR SEC. 15-205.3) AND INDEPENDENT RESEARCH AND DEVELOPMENT COSTS (DAR SEC. 15-205.35) IN RESPONSE TO COST ACCOUNTING STANDARD 420.

JAMES T. BRANNAN, DEFENSE ACQUISITION REGULATORY COUNCIL:

BY LETTER DATED JULY 30, 1981 YOU REQUESTED OUR COMMENTS ON A PROPOSED AMENDMENT TO DEFENSE ACQUISITION REGULATION (DAR) SECS. 15 205.3, BID AND PROPOSAL COSTS, AND 15-205.35, INDEPENDENT RESEARCH AND DEVELOPMENT. THE PROPOSAL REVISES THE ABOVE COST PRINCIPLES IN RESPONSE TO COST ACCOUNTING STANDARD 420.

WE HAVE NO COMMENTS TO OFFER.