What is a commercial item determination?
Click to see full answer
Thereof, what is a commercial item?
A: According to Part 2 of the Federal Acquisition Regulation (FAR), a commercial item is any product or service that is customarily used by the general public or nongovernmental entities for nongovernmental purposes. Products that have received minor modifications to meet DoD requirements.
Likewise, what is the simplified acquisition threshold for commercial items? Simplified Acquisition Threshold (SAT) for commercial items is raised from $6.5 million to $7.0 million. FedBizOpps pre-award and post-award notices remain unchanged at $25,000. Cost or pricing data threshold increases from $700,000 to $750,000.
Similarly, it is asked, what is a Nondevelopmental item?
An item developed at private expense and sold in substantial quantities, on a competitive basis, to state and local governments. For example, products sold to state and local governments, not sold commercially, could be bullet proof vests and fire and rescue equipment.
Is construction a commercial item?
As of now, no construction is not a commercial item. This is official hearsay, as the DAR chair of the FAR Part 36 has personally told me this. There are several reasons. One of which is that you'd be foolish to allow contractors ro draft the standard terms and conditions for your contract.