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.