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

Crowell & Moring - As part of its ongoing effort to conform the Cost Accounting Standards (“CAS”) to generally accepted accounting principles (“GAAP”), the...

CAS Board Finalizes Rule Aligning 4 Cost Accounting Standards With GAAP

ExecutiveGov - The Cost Accounting Standards (CAS) Board has issued a final rule scrapping two cost accounting standards entirely and most provisions of two...

Proposed Rule Would Impose Cyber Regulations on All Federal Contractors

Womble Bond Dickinson - The Federal Acquisition Regulatory (FAR) Council has published a proposed rule (FAR Case 2026-001) which, if adopted, would require all...

Update: DFARS Class Deviation Implements Prohibition on Contracting with Lobbyists for Chinese Military Companies

Wiley - The U.S. Department of Defense issued a class deviation on June 29, 2026, to revise the Defense Federal Acquisition Supplement (DFARS). This...

GSA Issues RFI to Explore Ideas to Promote Domestic Procurement on GSA Advantage

Covington - On June 24, 2026, the General Services Administration (“GSA”) issued a Request for Information (RFI) seeking input on two proposals for promoting...

EEOC Rescinds Guidance on Permissible Affirmative Action

Littler - On June 30, 2026, the U.S. Equal Employment Opportunity Commission announced that it had rescinded two documents relating to permissible affirmative action...

How the BIOSECURE Act Will Create New Contracting and Supply-Chain Disputes

IR Global - The BIOSECURE Act has moved from legislative possibility to operational reality. Enacted as part of the Fiscal Year 2026 National Defense...

OMB Rule – Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for Cost Accounting Standards 404, 408, 409, and 411

The Office of Management and Budget (OMB), Cost Accounting Standards Board (the Board), is publishing a final rule wholly rescinding Cost Accounting Standards (CAS)...

War Department Seeks Input on DFARS Rule for Printed Circuit Boards

ExecutiveGov - The Department of War is seeking industry and public input on proposed revisions to the Defense Federal Acquisition Regulation Supplement (DFARS) to...

CMMC Cybersecurity Rules Are Rolling Into Defense Contracts

Corporate Compliance Insights - US defense contractors are now encountering CMMC cybersecurity requirements in their contracts. Ambika Biggs of Hirschler reviews the program’s structure,...

New DEI Rule Puts Federal Contractors on the Compliance Clock

Corporate Compliance Insights - Federal contractors and subcontractors face sweeping new obligations under Executive Order 14398 that prohibit them from engaging in “racially discriminatory...

Proposed Rule on CUI and CUI Incident Reporting Would Create New Requirements and Risks for Contractors

Akin - On June 23, 2026, the Federal Acquisition Regulatory Council issued a proposed rule that, if finalized, will affect how federal contractors and...
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