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FAR | RIN: 9000-AN67 | Publication ID: Spring 2020 |
Title: Federal Acquisition Regulation (FAR); FAR Case 2018-007, Applicability of Inflation Adjustments of Acquisition-Related Thresholds | |
Abstract:
DoD, GSA, and NASA are issuing a final rule to amend the Federal Acquisition Regulation (FAR) to make inflation adjustments of statutory acquisition-related thresholds under 41 U.S.C. 1908(d), which are applicable to existing contracts and subcontracts in effect on the date of the adjustment. 41 U.S.C. 1908, "Inflation Adjustment of Acquisition-Related Dollar Thresholds," requires an adjustment every five years of acquisition-related thresholds for inflation using the Consumer Price Index for all urban consumers, except for the Construction Wage Rate Requirements statute (Davis-Bacon Act), Service Contract Labor Standards statute, and trade agreements thresholds. The rule applies the inflation adjustment to existing contracts and subcontracts. This change will implement section 821 of the National Defense Authorization Act (NDAA) for FY 2018. |
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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 |
EO 13771 Designation: Not subject to, not significant | |
CFR Citation: 48 CFR 1 48 CFR 2 48 CFR 52 | |
Legal Authority: 40 U.S.C. 121(c) 10 U.S.C. ch. 137 51 U.S.C. 20113 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal |
Small Entities Affected: Businesses | 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: No | |
Agency Contact: Zenaida Delgado Procurement Analyst DOD/GSA/NASA (FAR) 1800 F Street, NW, Washington, DC 20405 Phone:202 969-7207 Email: zenaida.delgado@gsa.gov |