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 (RESEARCH, DEVELOPMENT AND ACQUISITION)

ASSISTANT SECRETARY OF THE AIR FORCE (ACQUISITION)

DIRECTORS OF DEFENSE AGENCIES

SUBJECT: Contract Pricing and Cost Accounting--Compliance with DFARS 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. Capitano, Senior Procurement Analyst, at (703) 847-7486, or via e-mail at david.capitano@osd.mil.

Attachment:

As stated

Editor's note: 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

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