[Federal Register Volume 77, Number 45 (Wednesday, March 7, 2012)]
[Rules and Regulations]
[Page 13952]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-5525]



[[Page 13951]]

Vol. 77

Wednesday,

No. 45

March 7, 2012

Part VDepartment of Defense


General Services AdministrationNational Aeronautics and Space 
Administration





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48 CFR Chapter 1





Federal Acquisition Regulation; Federal Acquisition Circular 2005-57; 
Introduction; United States-Korea Free Trade Agreement; Small Entity 
Compliance Guide; Final Rules

Federal Register / Vol. 77 , No. 45 / Wednesday, March 7, 2012 / 
Rules and Regulations

[[Page 13952]]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Chapter 1

[Docket FAR 2012-0080, Sequence 2]


Federal Acquisition Regulation; Federal Acquisition Circular 
2005-57; Introduction

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

ACTION: Summary presentation of an interim 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 (Councils) in this Federal 
Acquisition Circular (FAC) 2005-57. 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 and comment date see separate document, which 
follows.

FOR FURTHER INFORMATION CONTACT: The analyst whose name appears in the 
table below in relation to the FAR case. Please cite FAC 2005-57 and 
the specific FAR case number. For information pertaining to status or 
publication schedule, contact the Regulatory Secretariat at 202-501-
4755.

                       List of Rule in FAC 2005-57
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                      Subject                        FAR case   Analyst
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United States-Korea Free Trade Agreement (Interim)   2012-004      Erwin
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SUPPLEMENTARY INFORMATION: A Summary for the FAR rule follows. For the 
actual revisions and/or amendments made by this FAR case, refer to FAR 
Case 2012-004.
    FAC 2005-57 amends the FAR as specified below:

United States-Korea Free Trade Agreement (FAR Case 2012-004) (Interim)

    This interim rule implements the United States-Korea Free Trade 
Agreement (see the United States-Korea Free Trade Agreement 
Implementation Act (Pub. L. 112-41) (19 U.S.C. 3805 note)).
    The Republic of Korea is already party to the World Trade 
Organization Government Procurement Agreement (WTO GPA). This Free 
Trade Agreement now covers acquisition of supplies and services between 
$100,000 and the current WTO GPA threshold of $202,000. This interim 
rule is not expected to have a significant economic impact on a 
substantial number of small entities.

    Dated: March 1, 2012.
Laura Auletta,
Director, Office of Governmentwide Acquisition Policy, Office of 
Acquisition Policy, Office of Governmentwide Policy.

    Federal Acquisition Circular (FAC) 2005-57 is issued under the 
authority of the Secretary of Defense, the Administrator of General 
Services, and the Administrator for the National Aeronautics and 
Space Administration.
    Unless otherwise specified, all Federal Acquisition Regulation 
(FAR) and other directive material contained in FAC 2005-57 is 
effective March 15, 2012.


    Dated: March 1, 2012.
Richard Ginman,
Director, Defense Procurement and Acquisition Policy.
    Dated: March 1, 2012.
 Mindy S. Connolly,
Chief Acquisition Officer, U.S. General Services Administration.
    Dated: March 1, 2012.
William P. McNally,
Assistant Administrator for Procurement, National Aeronautics and Space 
Administration.
[FR Doc. 2012-5525 Filed 3-6-12; 8:45 am]
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