Relief for Remote ID: The FAA Extends Compliance Deadline for Drone Operators
Client Alert | 1 min read | 09.15.23
With days to spare, the FAA has officially extended the deadline for drone operators in the U.S. to comply with Remote ID equipage and transmission requirements by six (6) months, until March 16, 2024. The original compliance date of September 16, 2023 was seen as unattainable by many drone operators due to the FAA’s slow approval of manufacturer Declarations of Compliance and unavailability of software updates from manufacturers.
The FAA has made clear that this is the last extension that will be granted, and that operators who remain non-compliant by March 16, 2024 could be subject to enforcement action in the form of monetary fines and suspension or revocation of pilot certificates. Therefore, operators should continue to work diligently to comply, despite this extension.
Additional coverage on Remote ID for manufacturers and operators can be found here and here.
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Client Alert | 1 min read | 07.08.26
CAS Board Publishes Final Rule Rescinding CAS 404, 408, 409, and 4117
As part of its ongoing effort to conform the Cost Accounting Standards (“CAS”) to generally accepted accounting principles (“GAAP”), the CAS Board published a final rule rescinding CAS 408 (Accounting for costs of compensated personal absence) and CAS 411 (Accounting for acquisition costs of material). The CAS Board also rescinded CAS 404 (Capitalization of tangible assets) and CAS 409 (Depreciation of tangible capital assets) but retained certain requirements of CAS 404 and 409, which will be located in new paragraphs of CAS 405 (Accounting for unallowable costs). Specifically, the CAS Board retained the requirements currently located at CAS 404-50(d)(1), CAS 409-50(e)(5), CAS 409-50(j)(1), and CAS 409-50(j)(4), which the CAS Board explained are necessary to protect the Government’s interests. Otherwise, the CAS Board determined that the requirements of CAS 404, 408, 409, and 411 overlapped with GAAP such that GAAP “may be applied reasonably as a substitute for CAS to support contract cost and pricing.”
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Illinois Imposes Transparency and Safety Obligations on Frontier AI Systems
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