The Cost Principles Committee is comprised of finance, accounting, and compliance executives from AIA’s member companies, and is responsible for developing and promoting policy objectives related to FAR/DFARS Part 31 and 231 cost principles, cost accounting standards (CAS), business systems, labor and overhead rates, and pensions. The CPC interacts regularly with Defense Contract Management Agency (DCMA) Corporate and Divisional Administrative Contracting Officers (CACO/DACO), the DCMA Cost and Pricing Center, DOD’s Office of Defense Pricing and Contracting (DPC), the Office of Federal Procurement Policy (OFPP), and the Cost Accounting Standards (CAS) Board.
