On January 24, 2018, the Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) published in the Federal Register a final rule [FAC 2005–97; FAR Case 2018–001; Docket No. 2018–0004; Sequence No. 1] amending the Federal Acquisition Regulation (FAR) to incorporate revised thresholds for application of the WTO Government Procurement Agreement and the free trade agreements, as determined by the United States Trade Representative. At the same time, the agencies published a summary presentation of the final rule [Docket No. FAR 2018–0001, Sequence No. 1] and a Small Entity Compliance Guide [Docket No. FAR 2018–0001, Sequence No. 1] on the same subject. The final rule implements the new thresholds in FAR subpart 25.4, Trade Agreements, and other sections in the FAR that include trade agreements thresholds (i.e., 22.1503, 25.202, 25.603, 25.1101, and 25.1102).The thresholds effective January 24, 2018 are as follows:
Trade agreement |
Supply contract (equal to or exceeding) |
Service contract (equal to or exceeding) |
Construction contract (equal to or exceeding) |
WTO GPA |
$180,000 |
$180,000 |
$6,932,000 |
FTAs: | |||
Australia FTA |
80,317 |
80,317 |
6,932,000 |
Bahrain FTA |
180,000 |
180,000 |
10,441,216 |
CAFTA–DR (Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua) |
80,317 |
80,317 |
6,932,000 |
Chile FTA |
80,317 |
80,317 |
6,932,000 |
Colombia FTA |
80,317 |
80,317 |
6,932,000 |
Korea FTA |
100,317 |
100,317 |
6,932,000 |
Morocco FTA |
180,000 | 180,000 | 6,932,000 |
NAFTA: – Canada – Mexico |
25,000 80,317 |
80,317 80,317 |
10,441,216 10,441,216 |
Oman FTA |
180,000 |
180,000 |
10,441,216 |
Panama FTA |
180,000 |
180,000 |
6,932,000 |
Peru FTA |
180,000 |
180,000 |
6,932,000 |
Singapore FTA |
80,317 |
80,317 |
6,932,000 |
Israeli Trade Act |
50,000 |
||
In addition changes to other clauses are also made.