Regulation & law · 28/09/2006

Federal Acquisition Regulation to Adjust Acquisition-Related Thresholds for Inflation

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule to adjust acquisition-related thresholds for inflation, in accordance with the Ronald W. Reagan National Defense Authorization Act for Fiscal Year 2005, as part of the Federal Acquisition Regulation (FAR). This rule also addresses some acquisition-related thresholds based on policy rather than statute.