[Federal Register Volume 71, Number 238 (Tuesday, December 12, 2006)]
[Rules and Regulations]
[Page 74680]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-9612]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Chapter 1

[Docket FAR--2006--0023, Sequence 8]


Federal Acquisition Regulation; Federal Acquisition Circular 
2005-15; Small Entity Compliance Guide

AGENCIES: Department of Defense (DoD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Small Entity Compliance Guide.

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SUMMARY: This document is issued under the joint authority of the 
Secretary of Defense, the Administrator of General Services and the 
Administrator of the National Aeronautics and Space Administration. 
This Small Entity Compliance Guide has been prepared in accordance with 
Section 212 of the Small Business Regulatory Enforcement Fairness Act 
of 1996. It consists of a summary of rules appearing in Federal 
Acquisition Circular (FAC) 2005-15 which amend the FAR. An asterisk (*) 
next to a rule indicates that a regulatory flexibility analysis has 
been prepared. Interested parties may obtain further information 
regarding these rules by referring to FAC 2005-15 which precedes this 
document. These documents are also available via the Internet at http://www.regulations.gov.

FOR FURTHER INFORMATION CONTACT Laurieann Duarte, FAR Secretariat, 
(202) 501-4225. For clarification of content, contact the analyst whose 
name appears in the table below.

                                          List of Rules in FAC 2005-15
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      Item                          Subject                             FAR case                 Analyst
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*I.............  Payments Under Time-and-Materials and Labor-   2004-015                 Olson.
                  Hour Contracts.
*II............  Additional Commercial Contract Types.........  2003-027                 Olson.
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SUPPLEMENTARY INFORMATION: Summaries for each FAR rule follow. For the 
actual revisions and/or amendments to these FAR cases, refer to the 
specific item number and subject set forth in the documents following 
these item summaries.
    FAC 2005-15 amends the FAR as specified below:

Item I--Payments Under Time-and-Materials and Labor-Hour Contracts (FAR 
Case 2004-015)

    This final rule revises and clarifies policies related to award and 
administration of noncommercial item Time-and-Materials (T&M) and 
Labor-Hour (LH) contracts and the policies regarding payments made 
under those contracts. The objectives of the changes are to ensure fair 
and reasonable prices under T&M and LH contracts and to eliminate 
confusion related to payment amounts for subcontractor provided labor.

Item II--Additional Commercial Contract Types (FAR Case 2003-027)

    This final rule implements section 1432 of the National Defense 
Authorization Act for Fiscal Year 2004 (Pub. L. 108-136). Title XIV of 
the Act, referred to as the Services Acquisition Reform Act of 2003 
(SARA), amended section 8002(d) of the Federal Acquisition Streamlining 
Act of 1994 (FASA) (Pub. L. 103-355, 41 U.S.C. 264) to expressly 
authorize the use of Time-and-Materials (T&M) and Labor-Hour (LH) 
contracts for commercial services under specified conditions.

    Dated: December 4, 2006.
Linda K. Nelson,
Deputy Director, Contract Policy Division.
[FR Doc. 06-9612 Filed 12-6-06; 8:45 am]
BILLING CODE 6820-EP-S