Data / Federal rules / 2024-27851
Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds
The National Aeronautics and Space Administration published this proposed rule in the Federal Register on November 29, 2024. Comments closed on January 28, 2025.
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What the agency says
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.
Key facts
- Document number
- 2024-27851
- Type
- Proposed rule
- Action
- Proposed rule
- Agency
- Defense Department; General Services Administration; National Aeronautics and Space Administration
- Published
- November 29, 2024
- Comments due
- January 28, 2025
- Dates
- Interested parties should submit written comments to the Regulatory Secretariat Division at the address shown below on or before January 28, 2025 to be considered in the formation of the final rule.
- Docket
- FAR Case 2024-001, Docket No. FAR-2024-0001, Sequence No. 1
- Regulation ID (RIN)
- 9000-AO73
- Code of Federal Regulations
- 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; 48 CFR 32; 48 CFR 36; 48 CFR 42; 48 CFR 50; 48 CFR 52
- Topics
- Government procurement
- Pages
- 8
Other documents from the National Aeronautics and Space Administration
Everything from the National Aeronautics and Space Administration · Rules on government procurement · Published in November 2024
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