80_FR_73905 80 FR 73678 - NASA Federal Acquisition Regulation Supplement: NASA Capitalization Threshold (NFS Case 2015-N004)

80 FR 73678 - NASA Federal Acquisition Regulation Supplement: NASA Capitalization Threshold (NFS Case 2015-N004)

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

Federal Register Volume 80, Issue 227 (November 25, 2015)

Page Range73678-73678
FR Document2015-29981

NASA has adopted as final, without change, an interim rule amending the NASA Federal Acquisition Regulation Supplement (NFS) to increase the NASA capitalization threshold from $100,000 to $500,000.

Federal Register, Volume 80 Issue 227 (Wednesday, November 25, 2015) 
[Federal Register Volume 80, Number 227 (Wednesday, November 25, 2015)]
[Rules and Regulations]
[Page 73678]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-29981]



[[Page 73678]]

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NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Parts 1845 and 1852

RIN 2700-AE23


NASA Federal Acquisition Regulation Supplement: NASA 
Capitalization Threshold (NFS Case 2015-N004)

AGENCY: National Aeronautics and Space Administration.

ACTION: Final rule.

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SUMMARY: NASA has adopted as final, without change, an interim rule 
amending the NASA Federal Acquisition Regulation Supplement (NFS) to 
increase the NASA capitalization threshold from $100,000 to $500,000.

DATES: Effective: November 25, 2015.

FOR FURTHER INFORMATION CONTACT: Andrew O'Rourke, telephone 202-358-
4560.

SUPPLEMENTARY INFORMATION: 

I. Background

    NASA published an interim rule in the Federal Register at 80 FR 
51957 on August 27, 2015, to amend the NASA Federal Acquisition 
Regulation Supplement (NFS) to increase the NASA capitalization 
threshold from $100,000 to $500,000.

II. Discussion and Analysis

    There were no public comments submitted in response to the interim 
rule. The interim rule has been converted to a final rule, without 
change.

III. Executive Orders 12866 and 13563

    Executive Orders (E.O.s) 12866 and 13563 direct agencies to assess 
all costs and benefits of available regulatory alternatives and, if 
regulation is necessary, to select regulatory approaches that maximize 
net benefits (including potential economic, environmental, public 
health and safety effects, distributive impacts, and equity). E.O. 
13563 emphasizes the importance of quantifying both costs and benefits, 
of reducing costs, of harmonizing rules, and of promoting flexibility. 
This is not a significant regulatory action and, therefore, was not 
subject to review under section 6(b) of E.O. 12866, Regulatory Planning 
and Review, dated September 30, 1993. This rule is not a major rule 
under 5 U.S.C. 804.

IV. Regulatory Flexibility Act

    NASA does not expect this final rule to have a significant economic 
impact on a substantial number of small entities within the meaning of 
the Regulatory Flexibility Act, 5 U.S.C. 601, et se. A final regulatory 
flexibility analysis has been performed and is summarized as follows:
    The increase in the NASA capitalization threshold is expected to 
benefit NASA contractors by reducing the administrative burden 
associated with financial reporting of NASA property in the custody of 
contractors. The legal basis for this rule is 51 U.S.C. 20113(a).
    The requirements under this rule will apply to any contract award 
(including contracts for supplies, services, construction, and major 
systems) that requires the use of Government property by contractors. 
According to NASA Property Records in FY 2014 there were 568 contracts 
that required reporting of Government property by NASA contractors. Of 
the 568 contracts, it is estimated that approximately 20% or 114 
contracts were small businesses.
    The rule does not duplicate, overlap, or conflict with any other 
Federal rules. No alternatives were identified that would meet the 
objectives of the rule.

V. Paperwork Reduction Act

    The rule contains information collection requirements that require 
the approval of the Office of Management and Budget under the Paperwork 
Reduction Act (44 U.S.C. chapter 35; however, these changes to the NFS 
do not impose additional information collection requirements to the 
paperwork burden previously approved under OMB Control Number 2700-
0017, entitled NASA Property In the Custody of Contractors and OMB 
Control No. 9000-0075, entitled Government Property.

List of Subjects in 48 CFR Parts 1845 and 1852

    Government procurement.

Manuel Quinones,
NASA FAR Supplement Manager.

0
Accordingly, the interim rule amending 48 CFR parts 1845 and 1852, 
which was published at 80 FR 51957, is adopted as final without change.

[FR Doc. 2015-29981 Filed 11-24-15; 8:45 am]
 BILLING CODE 7510-13-P

73678 Federal Register / Vol. 80, No. 227 / Wednesday, November 25, 2015 / Rules and Regulations NATIONAL AERONAUTICS AND III. Executive Orders 12866 and 13563 construction, and major systems) that SPACE ADMINISTRATION Executive Orders (E.O.s) 12866 and requires the use of Government property 13563 direct agencies to assess all costs by contractors. According to NASA 48 CFR Parts 1845 and 1852 Property Records in FY 2014 there were and benefits of available regulatory alternatives and, if regulation is 568 contracts that required reporting of RIN 2700–AE23 Government property by NASA necessary, to select regulatory NASA Federal Acquisition Regulation approaches that maximize net benefits contractors. Of the 568 contracts, it is Supplement: NASA Capitalization (including potential economic, estimated that approximately 20% or Threshold (NFS Case 2015–N004) environmental, public health and safety 114 contracts were small businesses. effects, distributive impacts, and The rule does not duplicate, overlap, AGENCY: National Aeronautics and equity). E.O. 13563 emphasizes the or conflict with any other Federal rules. Space Administration. importance of quantifying both costs No alternatives were identified that ACTION: Final rule. and benefits, of reducing costs, of would meet the objectives of the rule. harmonizing rules, and of promoting V. Paperwork Reduction Act SUMMARY: NASA has adopted as final, flexibility. This is not a significant without change, an interim rule regulatory action and, therefore, was not The rule contains information amending the NASA Federal subject to review under section 6(b) of collection requirements that require the Acquisition Regulation Supplement E.O. 12866, Regulatory Planning and approval of the Office of Management (NFS) to increase the NASA Review, dated September 30, 1993. This and Budget under the Paperwork capitalization threshold from $100,000 rule is not a major rule under 5 U.S.C. Reduction Act (44 U.S.C. chapter 35; to $500,000. 804. however, these changes to the NFS do DATES: Effective: November 25, 2015. not impose additional information IV. Regulatory Flexibility Act collection requirements to the FOR FURTHER INFORMATION CONTACT: Andrew O’Rourke, telephone 202–358– NASA does not expect this final rule paperwork burden previously approved 4560. to have a significant economic impact under OMB Control Number 2700–0017, on a substantial number of small entities entitled NASA Property In the Custody SUPPLEMENTARY INFORMATION: within the meaning of the Regulatory of Contractors and OMB Control No. I. Background Flexibility Act, 5 U.S.C. 601, et se. A 9000–0075, entitled Government NASA published an interim rule in final regulatory flexibility analysis has Property. the Federal Register at 80 FR 51957 on been performed and is summarized as List of Subjects in 48 CFR Parts 1845 August 27, 2015, to amend the NASA follows: and 1852 Federal Acquisition Regulation The increase in the NASA Supplement (NFS) to increase the capitalization threshold is expected to Government procurement. NASA capitalization threshold from benefit NASA contractors by reducing Manuel Quinones, $100,000 to $500,000. the administrative burden associated NASA FAR Supplement Manager. with financial reporting of NASA II. Discussion and Analysis property in the custody of contractors. ■ Accordingly, the interim rule There were no public comments The legal basis for this rule is 51 U.S.C. amending 48 CFR parts 1845 and 1852, submitted in response to the interim 20113(a). which was published at 80 FR 51957, is rule. The interim rule has been The requirements under this rule will adopted as final without change. converted to a final rule, without apply to any contract award (including [FR Doc. 2015–29981 Filed 11–24–15; 8:45 am] change. contracts for supplies, services, BILLING CODE 7510–13–P jstallworth on DSK7TPTVN1PROD with RULES VerDate Sep<11>2014 15:12 Nov 24, 2015 Jkt 238001 PO 00000 Frm 00042 Fmt 4700 Sfmt 9990 E:\FR\FM\25NOR1.SGM 25NOR1


Document Created: 2018-03-01 11:15:17
Document Modified: 2018-03-01 11:15:17
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionFinal rule.
DatesEffective: November 25, 2015.
ContactAndrew O'Rourke, telephone 202-358- 4560.
FR Citation80 FR 73678 
RIN Number2700-AE23
CFR Citation48 CFR 1845
48 CFR 1852
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