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FAR | RIN: 9000-AL66 | Publication ID: Fall 2010 |
Title: ●FAR Case 2008-039, Reporting Executive Compensation and First-Tier Subcontract Awards | |
Abstract: The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (the Councils) have agreed to issue an interim rule to amend the Federal Acquisition Regulation (FAR) to implement section 2 of the Federal Funding Accountability and Transparency Act of 2006 (Pub. L. No. 109-282), as amended by section 6202 of Public Law 110-252, which requires the Office of Management and Budget (OMB) to establish a free, public, website containing full disclosure of all Federal contract award information. This rule will require contractors to report executive compensation and first-tier subcontractor awards on contracts expected to be $25,000 or more, except classified contracts, and contracts with individuals. This is a significant regulatory action and, therefore, was subject to 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: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 48 CFR 4 48 CFR 12 48 CFR 42 48 CFR 52 | |
Legal Authority: 40 USC 121(c) 10 USC ch 137 42 USC 2473(c) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: Federal |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: Yes | |
Agency Contact: William Clark Procurement Analyst DOD/GSA/NASA (FAR) 1275 First Street, NE., Washington, DC 20417 Phone:202 219-1813 Email: william.clark@gsa.gov |