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Panoptic Enterprises' FEDERAL CONTRACTS DISPATCH

DATE: July 2, 2015

SUBJECT: Federal Acquisition Circular (FAC) 2005-83, Miscellaneous Amendments

SOURCE: Federal Register, July 2, 2015, Vol. 80, No. 127, page 38291

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

ACTION: Final Rules

SYNOPSIS: The Federal Acquisition Secretariat is issuing FAC 2005-83 to amend the Federal Acquisition Regulation (FAR) in the following subject areas: (1) inflation adjustment of acquisition-related thresholds; (2) prohibition on contracting with inverted domestic corporations representation and notification; (3) update to product and service codes; (4) clarification on justification for urgent noncompetitive awards exceeding one year; (5) prohibition on contracting with inverted domestic corporations; (6) permanent authority for use of simplified acquisition procedures for certain commercial items; and (7) technical amendments.

DATES: The effective date for Items V and VII is July 2, 2015; the effective date for Items III, IV, and VI is August 3, 2015; the effective date for Item I is October 1, 2015; and the effective date for item II is November 1, 2015.

FOR FURTHER INFORMATION CONTACT: Michael Jackson, 202-208-4949.

SUPPLEMENTAL INFORMATION: Item I, Inflation Adjustment of Acquisition-Related Thresholds

Item II, Prohibition on Contracting With Inverted Domestic Corporations Representation and Notification

Item III, Update to Product and Service Codes

Item IV, Clarification on Justification for Urgent Noncompetitive Awards Exceeding One Year

Item V, Prohibition on Contracting With Inverted Domestic Corporations

Item VI, Permanent Authority for Use of Simplified Acquisition Procedures for Certain Commercial Items

Item VII, Technical Amendments



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

Copyright 2015 by Panoptic Enterprises. All Rights Reserved.

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