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Panoptic Enterprises' FEDERAL CONTRACTS DISPATCH

DATE: July 30, 2002

SUBJECT: Defense Federal Acquisition Regulation Supplement (DFARS); Weighted Guidelines Form

SOURCE: Federal Register, July 30, 2002, Vol. 67, No. 146, page 49254

AGENCIES: Department of Defense (DOD)

ACTION: Final Rule

SYNOPSIS: This final rule amends the DFARS to revise the information on the DD Form 1547, Record of Weighted Guidelines Application, so that the form corresponds to the changes to DOD profit policy published on April 26, 2002.

EDITOR'S NOTE: For more on the final rule that caused these changes to the DD Form 1547, see the April 26, 2002, FEDERAL CONTRACTS DISPATCH "Defense Federal Acquisition Regulation Supplement (DFARS); Changes to Profit Policy."

The DD Form 1547, and other forms prescribed by the DFARS, are not included in the DFARS or the Code of Federal Regulations. The forms are available on the Internet at http://web1.whs.osd.mil/icdhome/ddeforms.htm.

EFFECTIVE DATE: July 30, 2002.

FOR FURTHER INFORMATION CONTACT: Sandra Haberlin, OUSD (AT&L) DP (DAR), IMD 3C132, 3062 Defense Pentagon, Washington, DC 20301-3062; 703-602-0289; fax: 703-602-0350. Cite DFARS Case 2002-D012 when referring to this final rule.

SUPPLEMENTAL INFORMATION: On April 26, 2002, DOD published a final rule revising its profit policy. That rule amended the computation of profit objectives by reducing the value assigned to facilities capital employed for equipment, eliminating the values assigned to facilities capital employed for buildings, increasing the values for performance risk, and adding a special factor for cost efficiency.

This final rule amends DD Form 1547, Record of Weighted Guidelines Application, and corresponding completion instructions, to reflect the changes to profit policy in the April 26, 2002, final rule. Most of the revisions pertain to the elimination of Item 23 from the old DD Form 1547 and the corresponding renumbering of following items. However, in paragraph (c)(1) of DFARS 215.407-4, Should-Cost Review, the Internet address for the Defense Contract Management Agency (DCMA) is corrected to "http://www.dcma.hq.dla.mil/". Also, in DFARS 253.215-70, DD Form 1547, Record of Weighted Guidelines Application, paragraph (c), Specific Instructions for Completion of DD Form 1547, subparagraph (c)(12), which addresses Block 12, Use Code, deletes Code 1, "Alternate performance risk, no facilities employed" and "Alternate facilities capital employed", and adds Code 6, "Techology incentive".

FOR FURTHER INFORMATION CONTACT: Panoptic Enterprises at 703-451-5953 or by e-mail to Panoptic@FedGovContracts.com.

Copyright 2002 by Panoptic Enterprises. All Rights Reserved.

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