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FAR RIN: 9000-AN26 Publication ID: Spring 2017 
Title: Federal Acquisition Regulation (FAR); FAR Case 2015-039, Audit of Settlement Proposals 
Abstract:

DoD, GSA, and NASA are issuing a final rule to amends the Federal Acquisition Regulation (FAR) to raise the dollar threshold requirement for the audit of prime contract settlement proposals and subcontract settlements from $100,000 to the Truth In Negotiation Act (TINA) threshold of $750,000 to help alleviate the backlog of contract close-outs and to enable contracting officers to more quickly deobligate excess funds from terminated contracts.

 
Agency: DOD/GSA/NASA (FAR)(FAR)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 48 CFR 49   
Legal Authority: 40 U.S.C. 121(c)    10 U.S.C. ch 137    51 U.S.C. 20113   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/14/2016  81 FR 63158   
NPRM Comment Period End  11/14/2016 
Final Rule  09/00/2017 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: Federal 
Small Entities Affected: Businesses, Governmental Jurisdictions  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.regulations.gov   Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: Yes 
Agency Contact:
FAR Policy
DOD/GSA/NASA (FAR)
1800 F Street, NW,
Washington, DC 20405
Phone:202 969-4075
Email: farpolicy@gsa.gov