2020-13334: Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds

Summary

DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to further implement the statute which requires an adjustment every five years of statutory acquisition- related thresholds for inflation. The adjustment uses the Consumer Price Index for all urban consumers, and does not apply to the Construction Wage Rate Requirements statute (Davis-Bacon Act), Service Contract Labor Standards statute, and trade agreements thresholds. DoD, GSA, and NASA are also proposing to use the same methodology to adjust nonstatutory FAR acquisition-related thresholds in 2020.

The agency’s own summary, as published.

What this changes

Amends 23 parts of the Code of Federal Regulations — the standing rules this notice rewrites.

• 48 CFR 1 Federal Acquisition Regulations System
• 48 CFR 2 Definitions of Words and Terms
• 48 CFR 3 Improper Business Practices and Personal Conflicts of Interest
• 48 CFR 5 Publicizing Contract Actions
• 48 CFR 6 Competition Requirements
• 48 CFR 8 Required Sources of Supplies and Services
• 48 CFR 9 Contractor Qualifications
• 48 CFR 10 Market Research
• 48 CFR 12 Acquisition of Commercial Products and Commercial Services
• 48 CFR 13 Simplified Acquisition Procedures
• 48 CFR 15 Contracting by Negotiation
• 48 CFR 16 Types of Contracts
• 48 CFR 17 Special Contracting Methods
• 48 CFR 19 Small Business Programs
• 48 CFR 22 Application of Labor Laws to Government Acquisitions
• 48 CFR 26 Other Socioeconomic Programs
• 48 CFR 28 Bonds and Insurance
• 48 CFR 32 Contract Financing
• 48 CFR 36 Construction and Architect-Engineer Contracts
• 48 CFR 42 Contract Administration and Audit Services
• 48 CFR 50 Extraordinary Contractual Actions and the SAFETY Act
• 48 CFR 52 Solicitation Provisions and Contract Clauses
• 48 CFR 53 Forms