General
This initiative will return the FAR to its statutory roots, rewrite it in plain language, and remove most non-statutory rules.
What is the Revolutionary FAR Overhaul?
This is the micro purchase threshold for construction requirements.
$2,000
This is the non-regulatory guide that provides context, additional information, and practical advice for planning, awarding, managing, and closing out contracts, consistent with the FAR’s core buying principles.
What is the FAR Companion?
This is the current simplified acquisition threshold.
What is $350,000?
This executive order prompted the FAR Overhaul.
What is Restoring Common Sense to Federal Procurement?
This FAR Part implements simplified procedures for the acquisition of noncommercial products and services valued at or below the simplified acquisition threshold.
What is FAR Part 13?
These non-regulatory training materials for overhauled FAR Parts, include deviation summaries, line-out documents highlighting removed text and Smart Accelerators.
What are the Practitioner Albums?
This is the current threshold for the use of Simplified Acquisition Procedures for the purchase of commercial products or services.
$9,000,000
These are actionable ways to maximize use of the new Strategic Acquisition Guidance framework. These may be techniques, concepts, resources etc. that the Acquisition Workforce can use to implement the new FAR rewrite and companion guide concepts.
What are Smart Accelerators?
The Contracting Officer is authorized to approve sole source J&As under FAR Part 6 up to this dollar amount.
What is $10,000,000?