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Subject: Contract Pricing and Cost Accounting--Compliance with DFARS 252.211-7003, "Item Identification and Valuation".


OFFICE OF THE UNDER SECRETARY OF DEFENSE

3000 DEFENSE PENTAGON

WASHINGTON, D.C. 20301-3000

JUL 9 2004

MEMORANDUM FOR ASSISTANT SECRETARY OF THE ARMY (ACQUISITION, LOGISTICS AND TECHNOLOGY)

ASSISTANT SECRETARY OF THE NAVY Assistant Secretary of the Navy (abbrev. "ASN") is the title given to certain senior officials in the U.S. Department of the Navy. They serve as chief assistants to the Secretary of the Navy (SECNAV).  (RESEARCH, DEVELOPMENT AND ACQUISITION)

ASSISTANT SECRETARY OF THE AIR FORCE (ACQUISITION)

DIRECTORS OF DEFENSE AGENCIES

SUBJECT: Contract Pricing and Cost Accounting--Compliance with DFARS DFARS Defense Federal Acquisition Regulation Supplement
DFARS DoD Federal Acquisition Regulation Supplement
 252.211-7003, "Item Identification and Valuation"

The Department of Defense is pursuing the implementation of unique item identification to assure that we reap the significant benefits offered by this initiative. As part of this initiative, an interim rule was issued on December 30, 2003. This interim rule included an implementing contract clause at DFARS 252.211-7003.

Questions have been raised concerning the pricing and accounting for costs necessary to comply with DFARS 252.211-7003. The attached guidance should be used by all DoD contracting personnel in pricing and accounting for DoD contracts subject to the provisions of FAR Part 31 and the applicable Cost Accounting Standards.

If you have any questions regarding this memorandum, please contact Mr. David J David J. Haskins (b. April 24, 1957, in Northampton, England) is a British alternative rock musician. He was the bassist for the seminal gothic rock band Bauhaus. Life and work . Capitano, Senior Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  Analyst, at (703) 847-7486, or via e-mail at david.capitano@osd.mil An Internet address domain name for a military agency. See Internet address.

(networking) mil - The top-level domain for entities affiliated with US armed forces.
.

Attachment:

As stated

Editor's note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat.

Trained by D.
: To view the attachment, go to the Director, Defense Procurement and Acquisition Policy Web site at <http://www.acq.osd.mil/dpap/policy/policydocs.htm>.

Deidre A. Lee

Director, Defense Procurement and Acquisition Policy
COPYRIGHT 2004 Defense Acquisition University Press
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:POLICY & LEGISLATION
Author:Lee, Deidre A.
Publication:Defense AT & L
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2004
Words:229
Previous Article:Subject: Transition to the Federal Procurement Data System--Next Generation.(POLICY & LEGISLATION)
Next Article:Defense Far Supplement (DFARS) Change Notice 20040608.(POLICY & LEGISLATION)(Public Notice)
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