[Comments on Proposed Amendment to Federal Procurement Regulations]

B-211893: Published: Jul 21, 1983. Publicly Released: Jul 21, 1983.

Additional Materials:


Office of Public Affairs
(202) 512-4800

GAO was requested to comment on a proposed amendment to the Federal Procurement Regulations which would raise the threshold for requiring cost or pricing data in connection with negotiated procurements and modifications from $100,000 to $500,000. The amendment would also raise the threshold for requiring preaward audits of contractor proposals for negotiated contracts and modifications in which the price is based on cost or pricing data. GAO objects to the proposed amendment because it believes that the requirement for the submission of certified data in noncompetitive situations and for preaward audits in the $100,000 to $500,000 range has been effective and should be continued. GAO is concerned that increasing the threshold may reduce the Government's assurance of fair and reasonable prices on negotiated contracts and modifications.

Sep 28, 2018

Sep 20, 2018

Sep 17, 2018

Sep 12, 2018

Sep 5, 2018

Aug 30, 2018

Aug 27, 2018

Aug 15, 2018

Jul 30, 2018

Jul 26, 2018

Looking for more? Browse all our products here