PF 2025-08 Class Deviation to 2 CFR 910.360 Real Property and Equipment and 2 CFR 910.510 Financial Statements for For-Profit Organizations

DATE: October 31, 2024

SUBJECT: Class Deviation to 2 CFR 910.360 Real Property and Equipment and 2 CFR 910.510 Financial Statements for For-Profit Organizations

TO: HCAs/Procurement Directors/Contracting Officers
FROM: Director, Contract and Financial Assistance Policy Division, Office of Policy, Office of Acquisition Management

SUMMARY: In the recent update to 2 CFR 200, OMB raised the threshold for the value of equipment from $5,000 to $10,000 and increased the de minimis indirect rate from 10% to 15%. The equipment threshold and de minimis rate that apply to for-profit organizations are provided in 2 CFR 910.360 Real Property and Equipment and 2 CFR 910.510 Financial Statements. 

The update for 2 CFR 910 to increase the equipment threshold and de minimis rate requires a rulemaking with notice to and the opportunity for comment from interested parties. DOE was unable to complete the rulemaking by October 1, 2024. The class deviation increases the equipment value threshold and de minimis rate for for-profit organizations until the completion of the rulemaking. 

Questions concerning the policy flash should be directed to the Contract and Financial Assistance Policy Division, Office of Policy in the Office of Acquisition Management at DOE_oapmpolicy@hq.doe.gov.