"ARTICLE 53. ADMINISTRATION OF COST ACCOUNTING STANDARDS For the purpose of administering Cost Accounting Standagereqqutrements under this contract, the Subcontractor shall: Submit to the cognizant contracting officer a description of the account ing change and the general dollar magnitude of the change, to reflect the sum of all increases and the sum of all decreases for “ay contracts containing the Cost Accounting Standards clause: . 1. ow For any change in cost accounting practices required to comply with anew Cost Accounting Standard in accordance with paragraphs (a) (3) and (a) (4) (A) of the clause of this Subcontract entitled "Cost Accounting Standards" within 60 days (or such othex date as may be. mutually agreed to) after award of a contract reoSting such change; 2. For any change to cost accounting practices proposed in accordance with paragraph (a) (4) (8B) of the clause of this Subcontract entitled "Cost Accounting Standards" not less than 60 days (or gych other date as may be mutually agreed to) prior to the effectiveRate of the proposed change; 3. or For any failure to comply with an applicable Cost Accounting Standard or to follow a disclosed practice as contemplated by peeagraph (a) (S) of the clause of this Subcontract entitled "Cost A within 60 days nting Standards” (or such other date as may be mutuatly agreed to) after the date of agreerent of such noncompliance by the Subcontractor. Submit a cost impact proposal in the form and manner spsetied by the, cogniz;: contracting officer within 60 days (or such other dat may be mutually agreed to) after the date of determination of the adwfuacy and compliance of a change submitted purusant to (a) (1), (2), or (3) above. Agree to appropriate contract’'and subcontract amendneds to reflect adjustments established in accordance with paragraphs ssaoeeheand (a) (5) of the clause of this contract entitled "Cost Accounting Standards." Include the substance of this clause in all negotiated tracts containing the clause entitled "Cost Accounts addition, include a provision in these subcontra lower-tier subcon- Standards."' Ia SVhich will require such lower-tier subcontractors, within thirey (30) days after receipt of award, to submit the following information to the contracting officer cognizant of the lJower-tier subcontractor's facility: 1. Subcontractor’s name aq subcontract number; 2. Dollar amount and dpe of awa pd; ent 3. Name of Contractor making ax avard; and 390 08100