[Federal Register Volume 75, Number 130 (Thursday, July 8, 2010)]
[Rules and Regulations]
[Pages 39420-39421]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-16684]


-----------------------------------------------------------------------

DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Chapter 1

[Docket FAR 2010-0077, Sequence 6]


Federal Acquisition Regulation; Federal Acquisition Circular 
2005-44; Small Entity Compliance Guide

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

ACTION: Small Entity Compliance Guide.

-----------------------------------------------------------------------

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 the summary of the rule appearing in Federal 
Acquisition Circular (FAC) 2005-44 which amends the Federal Acquisition 
Regulation (FAR). Interested parties may obtain further information 
regarding this rule by referring to FAC 2005-44 which precedes this 
document. These documents are also available via the Internet at http://www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: The analyst whose name appears in the 
table below. Please cite FAC 2005-44 and the specific FAR case number. 
For information pertaining to status or publication schedules, contact 
the

[[Page 39421]]

Regulatory Secretariat at (202) 501-4755.

                       Rule Listed in FAC 2005-44
------------------------------------------------------------------------
                Subject                     FAR case         Analyst
------------------------------------------------------------------------
Reporting Executive Compensation and          2008-039          Woodson
 First-Tier Subcontract Awards........
------------------------------------------------------------------------


SUPPLEMENTARY INFORMATION: A summary for the FAR rule follows. For the 
actual revisions and/or amendments to this FAR case, refer to FAR case 
2008-039.
    FAC 2005-44 amends the FAR as specified below:

Reporting Executive Compensation and First-Tier Subcontract Awards (FAR 
Case 2008-039)

    This interim rule amends the Federal Acquisition Regulation to 
implement section 2 of Federal Funding Accountability and Transparency 
Act of 2006 (Pub. L. 109-282), as amended by section 6202 of the 
Government Funding Transparency Act of 2008 (Pub. L. 110-252), which 
requires the Office of Management and Budget (OMB) to establish a free, 
public, Web site containing full disclosure of all Federal contract 
award information. This rule will require contractors to report 
executive compensation and first-tier subcontract awards on contracts 
and orders expected to be $25,000 or more (including all options), 
except classified contracts and contracts with individuals. This 
information will be available to the public. To minimize the burden 
implementing the Transparency Act will impose on both Federal agencies 
and contractors, the Councils intend to implement the reporting 
requirements in a phased approach:
    1. Until September 30, 2010, any newly awarded subcontract must be 
reported if the prime contract award amount was $20,000,000 or more.
    2. From October 1, 2010, until February 28, 2011, any newly awarded 
subcontract must be reported if the prime contract award amount was 
$550,000 or more.
    3. Starting March 1, 2011, any newly awarded subcontract must be 
reported if the prime contract award amount was $25,000 or more.
    The rule is applicable to all solicitations and contracts with a 
value of $25,000 or more. The clause is required in commercial item 
contracts, including commercially available off-the-shelf (COTS) item 
contracts, as well as actions under the simplified acquisition 
threshold, meeting the $25,000 threshold. The clause is not required in 
classified solicitations and contracts, and contracts with individuals.

    Dated: July 2, 2010.
Edward Loeb,
Director, Acquisition Policy Division.
[FR Doc. 2010-16684 Filed 7-7-10; 8:45 am]
BILLING CODE 6820-EP-P