Search Results for keywords:"Federal Acquisition Regulation"

The Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) have issued a notice regarding a request submitted to the Office of Management and Budget (OMB) for an extension of certain information collection requirements under the Federal Acquisition Regulation (FAR) Part 15. These requirements include providing details on make-or-buy decisions, negotiations, unit prices, ownership changes, and pass-through charges to ensure fair contracting practices. Public comments on this proposal are invited until April 14, 2025.

The Department of Defense (DOD), General Services Administration (GSA), and NASA have issued a notice under the Paperwork Reduction Act. They are seeking approval from the Office of Management and Budget (OMB) to renew and update requirements related to certified cost or pricing data. These requirements are meant to ensure that costs in government contracts are fair and reasonable. They invite public comments and have provided contact details for further information or issues regarding the submission process.

The Department of Defense, General Services Administration, and NASA have announced that they are seeking approval from the Office of Management and Budget to extend an information collection requirement related to subcontract consent and contractors' purchasing system reviews. This process involves contractors providing detailed information to ensure subcontracting decisions align with government policies and business practices. If approved, contractors will continue to submit necessary data to comply with Federal Acquisition Regulation requirements, aiding contract officers in maintaining compliance and efficiency in government spending. Public comments are invited on this proposal until April 14, 2025.

The Department of Defense, General Services Administration, and NASA issued a final rule altering the Federal Acquisition Regulation. This change aligns with the National Defense Authorization Act for Fiscal Year 2016, requiring individual sureties to pledge specific U.S. Government-backed assets as security for bonds, enhancing the protection against default. Public comments showed strong support for the rule, citing its benefits in fraud prevention and protection of subcontractors and suppliers in federal construction projects. The rule also aims to streamline the procurement process without significantly impacting small businesses' access to bonding.

Defense Department (DoD), General Services Administration (GSA), and NASA have finalized a rule, unchanged from its interim version, to align with the Small Business Administration's (SBA) regulations. This rule implements certain sections of the National Defense Authorization Acts for Fiscal Years 2021 and 2022, creating a certification program for service-disabled veteran-owned small businesses (SDVOSBs). From January 1, 2024, it requires SDVOSBs to be certified by the SBA to qualify for certain contracts, offering a one-year grace period for those who applied for certification before the end of 2023. The rule addresses public comments but makes no significant changes and aims to transition smoothly from the VA’s previous program with minimal impact on current participants.

The Executive Order titled "Restoring Common Sense to Federal Procurement" aims to simplify and streamline the Federal Acquisition Regulation (FAR), the set of rules governing how the Federal Government buys goods and services. The President has directed that within 180 days, agencies should revise the FAR to remove unnecessary rules, making it more effective and efficient. The goal is to create a procurement system that is less bureaucratic and more aligned with the national interest. Any provisions in the FAR that are not required by law and do not enhance the system's functioning may be eliminated or set to expire within four years unless reviewed and renewed.

DoD, GSA, and NASA have issued a final rule to amend the Federal Acquisition Regulation (FAR) in order to implement an Executive Order that promotes the use of American-made goods in government procurement. This rule increases domestic content requirements for products, especially focusing on iron and steel, and raises the price preference for domestic goods from 6% to 20% for large businesses and from 12% to 30% for small businesses. Additionally, certain aspects of the Buy American statute are retained, such as waivers for Commercially Available Off-The-Shelf (COTS) items, although exceptions apply for products predominantly made of iron or steel. The rule is intended to boost economic growth, job creation, and national security by encouraging the use of U.S.-manufactured products.

The Federal Acquisition Regulation (FAR) has introduced several new rules as part of its Circular 2021-03. These rules include clarifications on handling violations related to arms control treaties and the criteria for using the lowest price technically acceptable (LPTA) source selection process. Additionally, changes have been made to what assets individual sureties can use as security bonds. The updates also include various technical amendments across different FAR sections, with some rules becoming effective on February 16, 2021.

The Department of Defense, General Services Administration, and NASA are proposing changes to clarify the rules about protests concerning orders under certain multiple-award contracts in the Federal Acquisition Regulation (FAR). This proposed rule aims to make it clear that a contracting officer's decision to set aside or not set aside an order for small businesses is a discretionary action that cannot be the sole basis for a protest. The agencies believe that this rule will help reduce unnecessary protests and save time and resources for contractors and the government. They also invite public comments on the expected impact of this rule on small businesses.

The Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) have issued a notice regarding the extension of certain information collection requirements under the Federal Acquisition Regulation (FAR) Part 16, which deals with contract pricing. These requirements mandate that contractors submit various pricing and cost data so that contracting officers can negotiate fair pricing adjustments. The public is invited to comment on this extension until April 14, 2025. This notice aims to ensure transparent and equitable pricing in government contracts.