DATE: May 31, 2018
TO: HCAs/Procurement Directors/Contracting Officers
Contract and Financial Assistance Policy Division
Office of Policy
Office of Acquisition Management
SUBJECT: Increase in Threshold for Requiring Certified Cost or Pricing Data
SUMMARY: The National Defense Authorization Act for Fiscal Year 2018 (Section 811) increased the threshold for requiring certified cost or pricing data from $750,000 to $2,000,000.
The threshold increase excludes contracts entered into on or before June 30, 2018. Contractors may request modifications to earlier contracts (without consideration) to use the threshold increase.
The Civilian Agency Acquisition Council (CAAC) issued CAAC Letter 2018-03 on May 3, 2018, authorizing agencies to issue class deviations implementing the threshold increase.
The DOE class deviation and CAAC Letter 2018-03 with the FAR Deviation Text are attached.
Questions concerning this policy flash should be directed to Michael Righi of the Contract and Financial Assistance Policy Division at Michael.firstname.lastname@example.org.