On December 23, 2019, the Office of the US Trade Representative (USTR) published in the Federal Register  a notice setting the US dollar procurement thresholds to implement certain US trade agreement obligations, as of January 1, 2020, for calendar years 2020 and 2021. Executive Order 12260 requires the USTR to set the US dollar procurement thresholds for application of Title III of the Trade Agreements Act of 1979, as amended (TAA; 19 U.S.C. 2511 et seq.). These obligations apply to covered procurements valued at or above specified US dollar thresholds.