Two CAS Moves in One Day: What Small Contractors Need to Know
On September 11, 2025, the Office of Management & Budget’s (“OMB”) Cost Accounting Standards Board, which is chaired by the Office of Federal Procurement Policy (“OFPP”), dropped two important updates: A final rule that simplifies how revenue and leases are handled under CAS; and A proposed rule that would scale back or align four...
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Federal Circuit, Sitting En Banc, Reverses Landmark Panel Decision on Bid Protest Standing
Back in June 2024, we wrote about a 3-judge panel’s holding in Percipient.AI, Inc. v. United States, 104 F.4th 839 (Fed. Cir. 2024), that a contractor was permitted to bring a bid protest against the government alleging violations of a procurement statute even though it did not “challenge a contract, proposed contract, or solicitation...
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