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FAR | RIN: 9000-AO73 | Publication ID: Fall 2024 |
Title: Federal Acquisition Regulation (FAR); FAR Case 2024-001, Inflation Adjustment of Acquisition-Related Thresholds | |
Abstract:
This rule will assess statutory acquisition-related thresholds for inflation using the Consumer Price Index (CPI) 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 Office of Federal Procurement Policy statute requires an adjustment of statutory acquisition-related thresholds every five years (i.e., October 1 of each year evenly divisible by five). As a matter of policy, DoD, GSA, and NASA are also using the same methodology to adjust nonstatutory FAR acquisition-related thresholds. |
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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: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 48 CFR 1 48 CFR 2 48 CFR 3 48 CFR 4 48 CFR 5 48 CFR 6 48 CFR 8 48 CFR 9 48 CFR 10 48 CFR 12 48 CFR 13 48 CFR 15 48 CFR 16 48 CFR 17 48 CFR 19 48 CFR 22 48 CFR 23 48 CFR 25 48 CFR 26 48 CFR 30 48 CFR 32 48 CFR 36 48 CFR 42 48 CFR 50 48 CFR 52 | |
Legal Authority: 40 U.S.C. 121(c) 10 U.S.C. ch. 4 10 U.S.C. ch. 137 legacy provisions 10 U.S.C. 3016 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: https://www.regulations.gov/ | Public Comment URL: https://www.regulations.gov/ |
RIN Data Printed in the FR: No | |
Agency Contact: Michael O. Jackson Procurement Analyst DOD/GSA/NASA (FAR) 1800 F Street, NW, Washington, DC 20405 Phone:202 208-4949 Email: michaelo.jackson@gsa.gov |