Administracja i zamówienia · 11.04.1997

Federal Acquisition Regulation; Liquidated Damages

The Civilian Agency Acquisition Council (CAAC) and the Defense Acquisition Regulations (DAR) Council are proposing to amend the Federal Acquisition Regulation (FAR) to clarify policy on liquidated damages and commercial subcontracting plans and to implement OFPP Policy Letter 95-1, Subcontracting Plans for Companies Supplying Commercial Items. Comments received under the existing interim rule FAR case 89-042, Liquidated Damages, will be addressed under this new FAR case 97-300. This regulatory action was not subject to Office of Management and Budget review under Executive Order 12866, dated September 30, 1993. This is not a major rule under 5 U.S.C. 804.