[Federal Register: November 12, 2008 (Volume 73, Number 219)]
[Rules and Regulations]               
[Page 67063-67064]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12no08-22]                         


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Part III

Department of Defense
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General Services Administration
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National Aeronautics and Space Administration
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48 CFR Chapter 1, Parts 2, 3, et al.



Federal Acquisition Regulation; Final Rules


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Chapter 1

[Docket FAR 2008-0003, Sequence 3]

 
Federal Acquisition Regulation; Federal Acquisition Circular 
2005-28; Introduction

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

ACTION: Summary presentation of final rule.

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SUMMARY: This document summarizes the Federal Acquisition Regulation 
(FAR) rule agreed to by the Civilian Agency Acquisition Council and the 
Defense Acquisition Regulations Council in this Federal Acquisition 
Circular (FAC) 2005-28. A companion document, the Small Entity 
Compliance Guide (SECG), follows this FAC. The FAC, including the SECG, 
is available via the Internet at http://www.regulations.gov.

DATES: For effective date, see the document following this notice.

FOR FURTHER INFORMATION CONTACT: For clarification of content, contact 
the analyst whose name appears in the table below in relation to the 
FAR case. Please cite FAC 2005-28, FAR Case 2007-006. For information 
pertaining to status or publication schedules, contact the FAR 
Secretariat at (202) 501-4755.
    Rule listed in FAC 2005-28.

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   Item             Subject             FAR case          Analyst
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I........  Contractor Business           2007-006  Woodson.
            Ethics Compliance
            Program and Disclosure
            Requirements.
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SUPPLEMENTARY INFORMATION: A summary of the FAR rule follows. For the 
actual revisions and/or amendments to this FAR case, refer to FAR Case 
2007-006.
    FAC 2005-28 amends the FAR as specified below: Item I--Contractor 
Business Ethics Compliance Program and Disclosure Requirements (FAR 
Case 2007-006).
    This final rule amends the Federal Acquisition Regulation to 
amplify the requirements for a contractor code of business ethics and 
conduct, an internal control system, and disclosure to the Government 
of certain violations of criminal law, violations of the civil False 
Claims Act, or significant overpayments. The rule provides for the 
suspension or debarment of a contractor for knowing failure by a 
principal to timely disclose, in writing, to the agency Office of the 
Inspector General, with a copy to the contracting officer, certain 
violations of criminal law, violations of the civil False Claims Act, 
or significant overpayments. The final rule implements ``The Close the 
Contractor Fraud Loophole Act,'' Public Law 110-252, Title VI, Chapter 
1. The statute defines a covered contract to mean ``any contract in an 
amount greater than $5,000,000 and more than 120 days in duration.'' 
The final rule also provides that the contractor's Internal Control 
System shall be established within 90 days after contract award, unless 
the Contracting Officer establishes a longer time period (See FAR 
52.203-13(c)). The internal control system is not required for small 
businesses or commercial item contracts.

    Dated: November 5, 2008.
Al Matera,
Director, Office of Acquisition Policy.
[FR Doc. E8-26810 Filed 11-10-08; 8:45 am]

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