PURPOSE. This NASA Procedures and Guidelines (NPG) provides instructions and guidance for the implementation of NASA Policy Directive (NPD) 9501.1G, "NASA Contractor Financial Management Reporting System." It provides instructions to contractors and NASA managers for the Contractor Financial Management Reporting System and stresses the necessity for accurate and timely reporting to enable NASA to fulfill its program control, budgeting, functional management, and cost accounting responsibilities.

APPLICABILITY. This NPG applies to NASA Headquarters and NASA Centers, including Component Facilities; and to NASA contractors to the extent it is incorporated in their contracts.