DOD Lowers Threshold To Trigger Contract Peer Reviews

Law360, New York (March 29, 2012, 6:48 PM EDT) -- The U.S. Department of Defense unveiled a final rule on Thursday that lowered the monetary threshold required to trigger the peer review of noncompetitive procurements from $1 billion to $500 million.

The final rule, which was scheduled to be published in the Federal Register on Friday, reduces the threshold for DOD peer reviews of noncompetitive contracts from the current $1 billion level to a $500 million level that will encompass more contracts.

The rule is set to go into effect in 30 days and is not...
To view the full article, register now.