PUBLIC LAW 100-679—NOV. 17, 1988
102 STAT. 4059
"COST ACCOUNTING STANDARDS BOARD
26. (a) ESTABLISHMENT; MEBCBERSHIP; TERMS.—(1) There is established within the OfHoe of Federal Procurement Policy an independent board to be known as the 'Cost Accounting Standards Board' (hereinafter referred to as the 'Board'). The Board shall consist of 5 members, including the Administrator, who shall serve as Chairman, and 4 members, all of whom shall have experience in Government contract cost accounting, and who shall be appointed as follows: "(A) two representatives of the Federal Government— "(i) one of whom shall be a representative of the Department of Defense and be appointed by the Secretary of Defense; and "(ii) one of whom shall be an officer or employee of the General Services Administration appointed by the Administrator of General Services; and "(B) two individuals from the private sector, each of whom shall be appointed by the Administrator and— "(i) one of whom shall be a representative of industry; and (ii) one of whom shall be particularly knowledgeable about cost accounting problems and systems. "(2)(A) The term of office of each of the members of the Board, other than the Administrator for Federal Procurement Policy, shall be 4 years, except that— "(i) of the initial members, two shall be appointed for terms of two jrears, one shall be appointed for a term of three years, and one shall be appointed for a term of four years; "(ii) any member appointed to fill a vacancy in the Board shall serve for the remainder of the term for which his predecessor was appointed; and "(iii) no individual who is appointed under paragraph (I)(A) of this subsection shall continue to serve after ceasing to be an officer or employee of the agency from which he or she was appointed. "^) A vacancy on the Board shall be filled in the same manner in which the original appointment was made. "(Q The initial members of the Board shall be appointed within 120 days after the date of enactment of this section. "(b) SENIOR STAFF.—The Administrator, after consultation with the Board, may appoint an executive secretary and two additional staff mend)ers without r^;ard to the provisions of title 5, United States Code, governing appointments in the competitive service, and may pay such employees without r^ard to the provisions of chapter 51 and subchapter IQ of chapter 53 of such title relating to classification and General Schedule pay rates, except that no individual so appointed may receive pay in excess of the annual rate of basic pay payable for ( ^ 1 8 of the General Schedule. "(c) OTHER STAFF.—The Administrator may appoint, fix the compensation, and remove additional employees of the Board under the applicable provisions of title 5, United States Code. "SBC.
"(d) DETAHJED AND TEMPORARY PERSONNEL.—(1) The Board may
use, without reimbursement, any personnel of a Federal agency (with the consent of the head of the agency concerned) to serve on advisory committees and task forces to assist the Board in carrying
41 USC 422.