POS Cost Standards

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PURCHASE OF SERVICE (POS)
Cost Standards
Description Cost Standards Frequently Asked Questions

Description

The Office of Policy and Management has established new statewide cost accounting standards for the purchase of service (POS). This document establishes standards for determining the costs of contracts, grants, and other agreements with organizations that receive funding from the State of Connecticut. These cost standards must be used by all State agencies in determining the costs incurred by organizations under State awards.

These cost standards are effective September 1, 2006 and must be incorporated into the provisions of State awards according to the following time frames:

All new State awards effective on or after January 1, 2007
All contract amendments modifying funding effective on or after January 1, 2007
All State awards effective on or after July 1, 2007

Cost Standards

Purchase of Service: Cost Standards (PDF)
Date: October 21, 2016

Purchase of Service: Cost Standards - Redline(PDF)
Date: October 21, 2016

Purchase of Service: Cost Standards (PDF, 668KB)
Date: January 14, 2014
NOTE: This document is set up for 2-sided printing.

Purchase of Service: Cost Standards - Redline Version
Date: January 14, 2014 Edits

Memo to Commissioners from Secretary Robert L. Genuario (PDF, 20KB)
Subject: Cost Standards
Date: September 1, 2006

Cost Standards: Frequently Asked Questions (FAQs) (Word Doc, 65KB)
Date: March 22, 2007
NOTE: This document is set up for 1-sided printing.

Any questions regarding the cost standards may be forwarded in writing to:

Executive Finance Officer
Office of Finance
Office of Policy and Management
450 Capitol Avenue, MS# 55 SEC
Hartford, CT 06106-1308

For Further Information, Contact:

PSA | POS Links:

· Procurement Standards

· Request Website

· Request Website FAQs

· Contractor Evaluation

· Annual Reports

POS Only Links:

· Project Description

· Procurement Plans and Schedules

· Standard Contract

· 2008 Legislative Report

· 2003 Legislative Report

· Agency Contact Information