[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR4.903]



[Page 79]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 4_ADMINISTRATIVE MATTERS--Table of Contents

 

         Subpart 4.9_Taxpayer Identification Number Information

 

Sec. 4.903  Reporting contract information to the IRS.



    (a) 26 U.S.C. 6050M, as implemented in 26 CFR, requires heads of 

Federal executive agencies to report certain information to the IRS.

    (b)(1) The required information applies to contract modifications--

    (i) Increasing the amount of a contract awarded before January 1, 

1989, by $50,000 or more; and

    (ii) Entered into on or after April 1, 1990.

    (2) The reporting requirement also applies to certain contracts and 

modifications thereto in excess of $25,000 entered into on or after 

January 1, 1989.

    (c) The information to report is--

    (1) Name, address, and TIN of the contractor;

    (2) Name and TIN of the common parent (if any);

    (3) Date of the contract action;

    (4) Amount obligated on the contract action; and

    (5) Estimated contract completion date.

    (d) Transmit the information to the IRS through the Federal 

Procurement Data System (see Subpart 4.6 and implementing instructions).