4.1000
Scope
FAR 4.1000 sets the stage for standardized line item identification in contracts, giving agencies until October 1, 2019, to comply with new requirements.
Overview
- FAR 4.1000 establishes the scope for Subpart 4.10, which sets out the policies and procedures for assigning line items, subline items, and their identifiers in government contracts. It also provides a transition period for agencies to update their information systems to comply with the new requirements.
Key Rules
- Assignment of Line Items and Subline Items
- This subpart covers how line items and subline items should be assigned and identified in contracts.
- Transition Period for Agencies
- Agencies have until October 1, 2019, to fully implement the requirements of sections 4.1002 through 4.1008, allowing time to update their information systems.
Responsibilities
- Contracting Officers: Must follow the prescribed policies and procedures for assigning and identifying line items and subline items once the transition period ends.
- Contractors: Should be aware of the standardized approach to line item identification and be prepared to comply with any new requirements in solicitations and contracts.
- Agencies: Responsible for updating their information systems to support the new requirements by the deadline.
Practical Implications
- This section ensures uniformity and clarity in how contract line items are structured and identified, which is critical for contract administration, payment, and reporting. The transition period acknowledges the need for agencies to update their systems, reducing immediate compliance burdens but setting a firm deadline for full implementation.