Defense Department Final Rule

2016-23201: Federal Acquisition Regulation; Amendment Relating to Multi-Year Contract Authority for Acquisition of Property

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Summary

DoD, GSA, and NASA are issuing a final rule amending the Federal Acquisition Regulation (FAR) to implement a section of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2016, to require that "significant" savings would be achieved by entering into a multi-year contract.

The agency’s own summary, as published.

What this changes

Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.

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