Federal Acquisition Regulation; Federal Acquisition Circular 2023-03; Small Entity Compliance Guide
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Issuing agencies
Abstract
This document is issued under the joint authority of DoD, GSA, and NASA. This Small Entity Compliance Guide has been prepared in accordance with section 212 of the Small Business Regulatory Enforcement Fairness Act of 1996. It consists of a summary of the rules appearing in Federal Acquisition Circular (FAC) 2023-03, which amends the Federal Acquisition Regulation (FAR). Interested parties may obtain further information regarding these rules by referring to FAC 2023-03, which precedes this document.
Full Text
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<title>Federal Register, Volume 88 Issue 80 (Wednesday, April 26, 2023)</title>
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[Federal Register Volume 88, Number 80 (Wednesday, April 26, 2023)]
[Rules and Regulations]
[Page 25478]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-08200]
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DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
48 CFR Chapter 1
[Docket No. FAR-2023-0051, Sequence No. 2]
Federal Acquisition Regulation; Federal Acquisition Circular
2023-03; Small Entity Compliance Guide
AGENCY: Department of Defense (DoD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Small Entity Compliance Guide (SECG).
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SUMMARY: This document is issued under the joint authority of DoD, GSA,
and NASA. This Small Entity Compliance Guide has been prepared in
accordance with section 212 of the Small Business Regulatory
Enforcement Fairness Act of 1996. It consists of a summary of the rules
appearing in Federal Acquisition Circular (FAC) 2023-03, which amends
the Federal Acquisition Regulation (FAR). Interested parties may obtain
further information regarding these rules by referring to FAC 2023-03,
which precedes this document.
DATES: April 26, 2023.
ADDRESSES: The FAC, including the SECG, is available at <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
FOR FURTHER INFORMATION CONTACT: For clarification of content, contact
the analyst whose name appears in the table below. Please cite FAC
2023-03 and the FAR Case number. For information pertaining to status
or publication schedules, contact the Regulatory Secretariat Division
at 202-501-4755 or <a href="/cdn-cgi/l/email-protection#b0f7e3f1e2d5d7e3d5d3f0d7c3d19ed7dfc6"><span class="__cf_email__" data-cfemail="591e0a180b3c3e0a3c3a193e2a38773e362f">[email protected]</span></a>. An asterisk (*) next to a rule
indicates that a regulatory flexibility analysis has been prepared.
Rules Listed in FAC 2023-03
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Item Subject FAR case Analyst
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*I................ Removal of FAR 2022-007 Jackson.
Subpart 8.5,
Acquisition of
Helium.
*II............... Exemption of 2022-002 Ryba.
Certain
Contracts from
the Periodic
Inflation
Adjustments to
the Acquisition-
Related
Thresholds.
III............... Technical
Amendments..
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SUPPLEMENTARY INFORMATION: Summaries for each FAR rule follow. For the
actual revisions and/or amendments made by these FAR rules, refer to
the specific item numbers and subjects set forth in the documents
following these item summaries. FAC 2023-03 amends the FAR as follows:
Item I--Removal of FAR Subpart 8.5, Acquisition of Helium (FAR Case
2022-007)
This final rule amends the FAR to implement the statutory
expiration of the Federal Helium System in accordance with the Helium
Stewardship Act of 2013 (Pub. L. 113-40). The Helium Stewardship Act
required the disposal of the Federal Helium System by September 30,
2021. The Federal In-Kind Program ended a year later, on September 30,
2022. Agencies now procure helium on the open market as they do for
other requirements.
The final rule will not have a significant economic impact on a
substantial number of small entities because it removes all of the
procedures and reporting requirements associated with helium
procurements currently in the FAR. Procurements for helium shall be
conducted using the most appropriate methods in the FAR.
Item II--Exemption of Certain Contracts From the Periodic Inflation
Adjustments to the Acquisition-Related Thresholds (FAR Case 2022-002)
This final rule amends the FAR to add a new statutory exception for
certain performance and payment bonds requirements for construction
contracts to the already established list of acquisition-related
thresholds not subject to escalation. These updates ensure that the
current dollar thresholds are retained for performance and payment
bonds as well as the threshold for alternatives to such bonds. This
rule is not expected to have a significant impact on the Government or
industry, to include small entities, because the rule maintains
acquisition-related thresholds that have been in the FAR for several
years.
Item III--Technical Amendments
Administrative change is made at FAR 7.403.
William F. Clark,
Director, Office of Government-wide Acquisition Policy, Office of
Acquisition Policy, Office of Government-wide Policy.
[FR Doc. 2023-08200 Filed 4-25-23; 8:45 am]
BILLING CODE 6820-EP-P
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</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.