Federal Acquisition Regulation to Implement Free Trade Agreements with Chile and Singapore

Summary

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on an interim rule to amend the Federal Acquisition Regulation, implementing new Free Trade Agreements with Chile and Singapore, which are set to take effect on January 1, 2004, and include new dollar thresholds for trade agreement application, as published by the U.S. Trade Representative.