DATE: August 2, 2000

FROM: Barry McVay, CPCM

SUBJECT: Navy Acquisition Procedures Supplement (NAPS) Change #97-12, NAPS Part 5225, Foreign Acquisition, Rewrite

SOURCE: Executive Director for Navy Acquisition and Business Management Memorandum, July 26, 2000

AGENCIES: Department of the Navy

ACTION: Revision of the NAPS

SYNOPSIS: To conform the NAPS with the recent rewrites of Federal Acquisition Regulation (FAR) Part 25, Foreign Acquisition, and Defense FAR Supplement Part 225, Foreign Acquisition, the Navy is rewriting NAPS Part 5225, Foreign Acquisition. In addition, a few administrative changes and technical amendments are being made.

EDITOR'S NOTE: The NAPS is available on the Internet at http://www.abm.rda.hq.navy.mil/naps/index.html.

For more on the FAR Part 25 rewrite, see the January 2000 Federal Contracts Perspective article "FAC [Federal Acquisition Circular] 97-15 Addresses Foreign Acquisition, Contract Bundling, Award Fee Determinations."

For more on the DFARS Part 225 rewrite, see the April 13, 2000, FEDERAL CONTRACTS DISPATCH "Defense FAR Supplement (DFARS); Foreign Acquisition."

EFFECTIVE DATE: July 26, 2000.

FOR FURTHER INFORMATION CONTACT: Department of the Navy, Office of the Assistant Secretary, Research, Development and Acquisition, 1000 Navy Pentagon, Washington, DC 20350-1000.

SUPPLEMENTAL INFORMATION: On December 27, 1999, FAC 97-15 was published, and it contained the completely revised FAR Part 25, which was rewritten to clarify policies and procedures concerning foreign acquisition. Subsequently, on April 13, 2000, the Department of Defense amended DFARS Part 225 to bring it into conformance with the rewritten FAR Part 25. NAPS Change #97-12 revises NAPS Part 5225 to conform to FAR Part 25 and DFARS Part 225, primarily in the numbering of sections. In addition, NAPS Subpart 5225.3, Balance of Payments Program, which consisted of NAPS 5225.303, Excess and Near-Excess Foreign Currencies, is removed.

In addition, the following additional changes are made to the NAPS:

FOR FURTHER INFORMATION CONTACT: Barry McVay at 703-451-5953 or by e-mail to BarryMcVay@FedGovContracts.com.

Copyright 2000 by Panoptic Enterprises. All Rights Reserved.

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