Federal Acquisition Regulation; Federal Acquisition Circular 2021-01; Introduction

Published date02 October 2020
Citation85 FR 62484
Record Number2020-21689
SectionRules and Regulations
CourtGeneral Services Administration
Federal Register, Volume 85 Issue 192 (Friday, October 2, 2020)
[Federal Register Volume 85, Number 192 (Friday, October 2, 2020)]
                [Rules and Regulations]
                [Page 62484]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-21689]
                [[Page 62483]]
                Vol. 85
                Friday,
                No. 192
                October 2, 2020
                Part V
                Department of Defense
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                General Services Administration
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                National Aeronautics and Space Administration
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                48 CFR Chapter 1
                Federal Acquisition Regulations; Final Rules
                Federal Register / Vol. 85 , No. 192 / Friday, October 2, 2020 /
                Rules and Regulations
                [[Page 62484]]
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                DEPARTMENT OF DEFENSE
                GENERAL SERVICES ADMINISTRATION
                NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
                48 CFR Chapter 1
                [Docket No. FAR-2020-0051, Sequence No. 6]
                Federal Acquisition Regulation; Federal Acquisition Circular
                2021-01; Introduction
                AGENCY: Department of Defense (DoD), General Services Administration
                (GSA), and National Aeronautics and Space Administration (NASA).
                ACTION: Summary presentation of a final rule.
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                SUMMARY: This document summarizes the Federal Acquisition Regulation
                (FAR) rule agreed to by the Civilian Agency Acquisition Council and the
                Defense Acquisition Regulations Council (Councils) in this Federal
                Acquisition Circular (FAC) 2021-01. A companion document, the Small
                Entity Compliance Guide (SECG), follows this FAC.
                DATES: For effective date see the separate document, which follows.
                FOR FURTHER INFORMATION CONTACT: Mr. Michael O. Jackson, Procurement
                Analyst, at 202-208-4949 or [email protected] for clarification
                of content. For information pertaining to status or publication
                schedules, contact the Regulatory Secretariat Division at 202-501-4755.
                Please cite FAC 2021-01, FAR Case 2019-013.
                 Rule Listed in FAC 2021-01
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                 Subject FAR case
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                Inflation Adjustment of Acquisition-Related Thresholds.. 2019-013
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                ADDRESSES: The FAC, including the SECG, is available via the internet
                at https://www.regulations.gov.
                SUPPLEMENTARY INFORMATION: A summary for the FAR rule follows. For the
                actual revisions and/or amendments made by this FAR case, refer to the
                specific subject set forth in the document following this summary. FAC
                2021-01 amends the FAR as follows:
                Inflation Adjustment of Acquisition-Related Thresholds (FAR Case 2019-
                013)
                 This final rule amends the Federal Acquisition Regulation (FAR) to
                further implement 41 U.S.C. 1908. Section 1908 requires an adjustment
                every 5 years (in years evenly divisible by 5) of statutory
                acquisition-related thresholds for inflation using the Consumer Price
                Index for all urban consumers, except for the Construction Wage Rate
                Requirements statute (Davis-Bacon Act), Service Contract Labor
                Standards statute, and trade agreements thresholds (see FAR 1.109).
                DoD, GSA, and NASA are also using the same methodology to change
                nonstatutory FAR acquisition-related thresholds for adjustment in 2020.
                This final rule will not have a significant economic impact on a
                substantial number of small entities.
                William F. Clark,
                Director, Office of Government-wide Acquisition Policy, Office of
                Acquisition Policy, Office of Government-wide Policy.
                 Federal Acquisition Circular (FAC) 2021-01 is issued under the
                authority of the Secretary of Defense, the Administrator of General
                Services, and the Administrator of National Aeronautics and Space
                Administration.
                 Unless otherwise specified, all Federal Acquisition Regulation
                (FAR) and other directive material contained in FAC 2021-01 is
                effective October 2, 2020 except for FAR Case 2019-013, which is
                effective October 1, 2020.
                Linda W. Neilson,
                Director, Defense Acquisition Regulations System Department of Defense.
                Jeffrey A. Koses,
                Senior Procurement Executive/Deputy CAO, Office of Acquisition Policy,
                U.S. General Services Administration.
                William G. Roets, II,
                Acting Assistant Administrator, Office of Procurement, National
                Aeronautics and Space Administration.
                [FR Doc. 2020-21689 Filed 10-1-20; 8:45 am]
                BILLING CODE 6820-EP-P
                

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