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| FAR | RIN: 9000-AL78 | Publication ID: Fall 2010 |
| Title: ●FAR Case 2008-030, Proper Use and Management of Cost-Reimbursement Contracts | |
| Abstract: This interim rule is amending the Federal Acquisition Regulation (FAR) to implement section 864 of the Duncan Hunter National Defense Authorization Act for Fiscal Year 2009, Pub. L. 110-417, enacted October 14, 2008. This law aligns with the Presidential Memorandum on Government Contracting, issued on March 4, 2009, which directed agencies to save $40 billion in contracting annually by Fiscal Year (FY) 2011 and to reduce the use of high-risk contracts. This rule provides regulatory guidance on the proper use and management of other than firm fixed price contracts (e.g. cost-reimbursement, time-and-material and labor-hour). This is a significant regulatory action and, therefore, was subject to Office of Management and Budget (OMB) review under Section 6(b) of Executive Order 12866, Regulatory Planning and Review, dated September 30, 1993. This rule is not a major rule under 5 U.S.C. 804. | |
| Agency: DOD/GSA/NASA (FAR)(FAR) | Priority: Other Significant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Long-Term Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 48 CFR 1 48 CFR 2 48 CFR 7 48 CFR 16 48 CFR 42 48 CFR 50 | |
| Legal Authority: 40 USC 121(c) 10 USC 137 42 USC 2473(c) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Lori Sakalos Program Analyst DOD/GSA/NASA (FAR) 1275 First Street, NE., Washington, DC 20417 Phone:202 208-0498 Email: lori.sakalos@gsa.gov |
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