Hello and thank you for joining us for our first two Episodes of Fun with the FAR Season 10!
As we prepare for next week’s third episode of Season 10, here are a few FAR Facts for us to think about:
- An award of a government contract to a single contractor government is required to be published
only if (i) the value of the contract exceeds $25,000 and (ii) the contract is likely to result in the
award of subcontracts. FAR 5.301.
- FAR 5.207 lists the content required in the publication of a synopsis.
- For proposed contract actions estimated to be greater than $25,000 but less than the simplified
acquisition threshold ($250,000), the contracting officer should consider the totality of the
circumstances—such as the complexity, commerciality, availability, and urgency—when establishing
the solicitation response time. FAR 5.203(b).