Department of Defense September 2, 2009 – Federal Register Recent Federal Regulation Documents

Federal Acquisition Regulation; FAR Case 2008-016, Termination for Default Reporting
Document Number: E9-21176
Type: Proposed Rule
Date: 2009-09-02
Agency: Department of Defense, National Aeronautics and Space Administration, Agencies and Commissions, General Services Administration
The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) are proposing to amend the Federal Acquisition Regulation (FAR) to establish procedures for contracting officers to provide contractor information into the Past Performance Information System (PPIRS). This case sets forth requirements for reporting defective cost or pricing data and terminations for cause or default. Evaluation of past performance information, especially terminations, manages risks associated with timely, effective and cost efficient completion of contracts, a key objective of the President's March 4, 2009, Memorandum on Government Contracting.