Federal Acquisition Regulation; Inflation Adjustment of Acquisition-Related Thresholds
other · US Department of Defense · Rule · Published 2010-08-30 · Effective 2010-10-01 · 75 FR 53129
Document
Document number
2010-21025
Federal Register citation
75 FR 53129
CFR reference
48 CFR 1
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Defense
Publication date
2010-08-30
Effective date
2010-10-01
DOD docket
FAC 2005-45
Abstract
The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) have agreed on a final rule amending the Federal Acquisition Regulation (FAR) to implement section 807 of the Ronald W. Reagan National Defense Authorization Act for Fiscal Year 2005. Section 807 requires an adjustment every 5 years of acquisition-related thresholds for inflation using the Consumer Price Index (CPI) for all urban consumers, except for Davis-Bacon Act, Service Contract Act, and trade agreements thresholds. The Councils have also used the same methodology to adjust nonstatutory FAR acquisition-related thresholds in 2010.