[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: 48CFR5.303]



[Page 92-93]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 5_PUBLICIZING CONTRACT ACTIONS--Table of Contents

 

                 Subpart 5.3_Synopses of Contract Awards

 

Sec. 5.303  Announcement of contract awards.



    (a) Public announcement. Contracting officers shall make information 

available on awards over $3 million (unless another dollar amount is 

specified in agency acquisition regulations) in sufficient time for the 

agency concerned to announce it by 5:00 p.m. Washington, DC time on the 

day of award. Contracts excluded from this reporting requirement include 

(1) those placed with the Small Business Administration under Section 

8(a) of the Small Business Act, (2) those placed with foreign firms when 

the place of delivery or performance is outside the United States and 

its outlying areas, and (3) those for which synopsis was exempted under 

5.202(a)(1). Agencies shall not release



[[Page 93]]



information on awards before the public release time of 5:00 p.m. 

Washington, DC time.

    (b) Local announcement. Agencies may also release information on 

contract awards to the local press or other media. When local 

announcements are made for contract awards in excess of the simplified 

acquisition threshold, they shall include--

    (1) For awards after sealed bidding, a statement that the contract 

was awarded after competition by sealed bidding, the number of offers 

solicited and received, and the basis for selection (e.g., the lowest 

responsible bidder); or

    (2) For awards after negotiation, the information prescribed by 

15.503(b), and after competitive negotiation (either price or design 

competition), a statement to this effect, and in general terms the basis 

for selection.



[48 FR 42119, Sept. 19, 1983, as amended at 50 FR 1729, Jan. 11, 1985; 

50 FR 52429, Dec. 23, 1985; 52 FR 30076, Aug. 12, 1987; 55 FR 3881, Feb. 

5, 1990; 56 FR 67128, Dec. 27, 1991; 59 FR 67017, Dec. 28, 1994; 60 FR 

34747, July 3, 1995; 60 FR 42653, Aug. 16, 1995; 61 FR 39190, July 26, 

1996; 61 FR 69289, Dec. 31, 1996; 62 FR 51270, Sept. 30, 1997; 68 FR 

28080, May 22, 2003]