NASA Procedural Requirements

NPR 9260.1A Effective Date: February 09, 2015 Expiration Date: February 09, 2029

Subject: Liabilities (Revalidated with Change 2 April 19, 2023)

Responsible Office: Office of the Chief Financial Officer

Table of Contents

Change Log

Preface

P.1 Purpose
P.2 Applicability
P.3 Authority
P.4 Applicable Documents and Forms
P.5 Measurement/Verification
P.6 Cancellation

Chapter 1 Overview

1.1 General
1.2 Agency Requirements
1.3 Roles and Responsibilities
1.4 Availability of Funds

Chapter 2 Contingent Liabilities Generally

2.1 Contingency
2.2 Recognition of a Contingent Liability
2.3 Classification of Probability
2.4 Measurability
2.5 Identification and Recording of Contingent Liabilities
2.6 Legal Representation Letter
2.7 Recording and Reporting Other Contingent Liabilities

Chapter 3 Accounts Payable

3.1 General
3.2 Cross Reference to Current Policy
3.3 Accounts Payable in Closed Appropriation Accounts

Chapter 4 Employee Benefits

4.1 Overview
4.2 Recognizing Liability for Pension Benefits
4.3 Recognizing Liability for Other Benefits

Chapter 5 Environmental and Disposal Liability

5.1 General
5.2 Determining Environmental Cleanup Liability Probability
5.3 Determining Environmental Cleanup Liability Cost Estimates
5.4 Liability for Cleanup of General Plant, Property, and Equipment (PP&E)
5.5 Liability for Cleanup of Stewardship PP&E
5.6 Liability for Asbestos-Related Cleanup Cost
5.7 Environmental Liabilities for Restoration Projects
5.8 Roles and Responsibilities

Chapter 6 Interest Payable

6.1 Overview
6.2 Cross Reference to Current Policy
6.3 Recording Interest Payable
6.4 Reporting Interest Payable

Chapter 7 Capital Lease Liability

7.1 General
7.2 Cross Reference to Current Policy

Chapter 8 Other Liabilities

8.1 Overview
8.2 Recongnizing Other Liabilities
8.3 Roles and Responsibilities

Appendix A. Definitions
Appendix B. Acronyms
Appendix C. References

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