Can the Administrative Contracting Officer waive CAS applicability for a perticular contract?

Yes, the Administrative Contracting Officer (ACO) can waive the applicability of the Cost Accounting Standards (CAS) for a particular contract under certain circumstances. This typically occurs when the contract falls below the CAS thresholds or if the ACO determines that a waiver is in the government's best interest. However, such waivers must comply with relevant regulations and guidelines. It is essential to document the rationale for the waiver to ensure transparency and accountability.