|View EO 12866 Meetings||Printer-Friendly Version Download RIN Data in XML|
|FAR||RIN: 9000-AM94||Publication ID: Fall 2018|
|Title: Federal Acquisition Regulation (FAR); FAR Case 2015-021; Determination of Fair and Reasonable Prices on Orders Under Multiple Award Contracts|
DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to direct ordering activity contracting officers to make a determination of fair and reasonable pricing when placing an order against GSA’s Federal Supply Schedules (FSS). The Federal Acquisition Streamlining Act (FASA) of 1994 established a preference for the types of information used to assess price reasonableness.
This rule establishes a practice that will ensure that prices are fair and reasonable at the time the order is placed under the GSA’s FSS. This Government-wide FAR rule will ensure uniform implementation of this FAR change across FAR-based contracts and avoid the proliferation of agency-wide rules and actions (e.g., revisions to FAR supplements or issuance of policy guidance) implementing this requirement.
|Agency: DOD/GSA/NASA (FAR)(FAR)||Priority: Other Significant|
|RIN Status: Previously published in the Unified Agenda||Agenda Stage of Rulemaking: Proposed Rule Stage|
|Major: No||Unfunded Mandates: No|
|EO 13771 Designation: Other|
|CFR Citation: 48 CFR 8 48 CFR 16|
|Legal Authority: 40 U.S.C. 121(c) 10 U.S.C. ch. 137 51 U.S.C. 20113|
|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|
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