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Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds
Proposed rule · Federal Register document 2024-27851
- Published
- 11/29/2024
- Comment period closed
- 01/28/2025
- Pages
- 8
Summary
Proposed rule.
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, performance and payment bonds, and trade agreements thresholds. DoD, GSA, and NASA are also proposing to use the same methodology to adjust nonstatutory FAR acquisition-related thresholds in 2025.
Details
- Type
- Proposed rule
- Agencies
- Defense Department, General Services Administration, National Aeronautics and Space Administration
- Docket
- FAR Case 2024-001, Docket No. FAR-2024-0001, Sequence No. 1
- Regulation ID (RIN)
- 9000-AO73
- CFR parts
- 48 CFR 1, 48 CFR 2, 48 CFR 3, 48 CFR 4, 48 CFR 5, 48 CFR 6, 48 CFR 8, 48 CFR 9, 48 CFR 10, 48 CFR 12, 48 CFR 13, 48 CFR 15, 48 CFR 16, 48 CFR 17, 48 CFR 19, 48 CFR 22, 48 CFR 23, 48 CFR 25, 48 CFR 26, 48 CFR 30
- Significant under E.O. 12866
- No
- Topics
- Government procurement
This page summarizes a Federal Register document. Only the official Federal Register text has legal effect. Comment deadlines can be extended or reopened by a later notice.
Source: Office of the Federal Register, via the Federal Register API · Last updated 11/29/2024