DOD CPSR threshold rule

Went into effect Dec. 31

      The Defense Dept.’s Defense Acquisition Regulations System issued a final rule to set up a new dollar threshold of $50,000 for a formal Contractor Purchasing System Review (CPSR). It went into effect Dec. 31.

      Currently, the administrative contracting officer is required to determine whether a contractor’s sales to the government would exceed $25 million during the next year and, if so, determine if a formal CPSR is needed.

More information:
Final rule: https://bit.ly/2TgvYeN

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