The FAR Council has issued a Proposed Rule implementing amendments to the current FAR definition of “commercial item.”
The Proposed Rule will eliminate the current FAR definition of “commercial item” and replace it with separate definitions for “commercial products” and “commercial services. The proposed definitions are designed to benefit both contractors and the acquisition workforce by simplifying the application of the “commercial” concept and providing greater clarity on the scope of each term.
Comments on the Proposed Rule must be submitted no later than December 14, 2020.
As a matter of background, the Proposed Rule implements both Section 836 of the National Defense Authorization Act for Fiscal Year 2019 and a recommendation from the Section 809 Panel.
Keep reading this article at: https://www.mondaq.com/unitedstates/government-contracts-procurement-ppp/1000792/clarity-sweet-clarityproposed-rule-will-revise-the-far-definition-of-commercial-item
