The Army Lawyer, January 1st, 2005
Final and Interim Rule Updates
On 11 December 2003, the FAR Councils issued a final rule reflecting changes in contract action reporting to the Federal Procurement Data System-Next Generation (FPDS-NG).897 As part of the federal government's plan to modernize the procurement data collection system, the FPDS-NG became operational on 1 October 2003 for transactions awarded after that date.898 The original FPDS previously captured only data on contract actions over $25,000 and summary data on contract actions below $25,000.899 The final rule requires all contract actions over $2500 after 30 Sept...
HighBeam Research, Free Preview: 'Electronic Commerce'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.
