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Panoptic Enterprises' FEDERAL CONTRACTS DISPATCH

DATE: May 10, 2012

SUBJECT: Federal Acquisition Circular (FAC) 2005-59, Miscellaneous Amendments

SOURCE: Federal Register, May 10, 2012, Vol. 77, No. 91 page 27545

AGENCIES: Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA)

ACTION: Interim and Final Rules

SYNOPSIS: The Federal Acquisition Secretariat is issuing FAC 2005-59 to amend the Federal Acquisition Regulation (FAR) in the following subject areas: (1) prohibition on contracting With inverted domestic corporations; (2) implementation of the United States-Colombia Trade Promotion Agreement; and (3) revision of the Cost Accounting Standards threshold.

DATES: The effective date for these rules is May 10, 2012, except Item II is effective May 15, 2012.

ADDRESSES: Submit comments on Items I and II on or before July 9, 2012, to: (a) http://www.regulations.gov; (b) fax: 202-501-4067; or (c) mail: General Services Administration, Regulatory Secretariat (MVCB), ATTN: Hada Flowers, 1275 First Street, NE, Washington, DC 20417. Identify comments on Item I by "FAC 2005-59, FAR Case 2012-013", and on Item II by "FAC 2005-59, FAR Case 2012-012."

FOR FURTHER INFORMATION CONTACT: The following analysts:

      Item I, Michael Jackson, 202-208-4949,

      Items II, Cecelia L. Davis, 202-219-0202.

      Item III, Edward Chambers, 202-501-3221.

SUPPLEMENTAL INFORMATION: Item I, Prohibition on Contracting With Inverted Domestic Corporations

Item II, Implementation of the United States-Colombia Trade Promotion Agreement

Item III, Revision of the Cost Accounting Standards Threshold



FOR FURTHER INFORMATION CONTACT: Panoptic Enterprises at 703-451-5953.

Copyright 2012 by Panoptic Enterprises. All Rights Reserved.

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