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Tool Name: AI-Powered FAR Navigator Tool by $CLEATUS AI
Purpose: To simplify and accelerate the process of understanding the Federal Acquisition Regulation (FAR) for government contractors.
Key Features:
- Provides AI-generated, plain-English summaries for all FAR clauses.
- Highlights relationships and dependencies between different FAR sections and clauses.
- Offers a searchable, browsable, and interactive interface for the entire FAR document.
- Includes a free-to-use search and navigation tool.
Target Audience: Small-to-mid-sized government contractors, proposal writers, and compliance officers who need to quickly understand FAR requirements.
Primary Benefit: Reduces the time and effort required to interpret complex legal and regulatory language, improving efficiency and compliance.

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5.303 - Announcement of contract awards | FAR Navigator

5.303

Announcement of contract awards

Contracting officers must ensure timely public announcement of contract awards over $5.5 million, with strict timing and content requirements to promote transparency.

Overview

FAR 5.303 establishes requirements for the public announcement of federal contract awards exceeding $5.5 million, unless a different threshold is set by agency regulations. Contracting officers must ensure that award information is available in time for agencies to announce it by 5 p.m. Washington, DC time on the day of award, and agencies are prohibited from releasing information before this time. Certain contracts are excluded from this requirement, including those with the SBA under Section 8(a), contracts with foreign firms for performance outside the U.S. and its outlying areas, and contracts exempted from synopsis under FAR 5.202(a)(1). Agencies may also make local announcements for awards above the simplified acquisition threshold, which must include specific information depending on whether the award was made by sealed bidding or negotiation.

Key Rules

Public Announcement Timing
- Contracting officers must provide award information for contracts over $5.5 million in time for a 5 p.m. public release on the day of award.
Prohibition on Early Release
- No information may be released before 5 p.m. Washington, DC time.
Exclusions
- Awards to the SBA under 8(a), certain foreign contracts, and contracts exempted under 5.202(a)(1) are not subject to this requirement.
Local Announcements
- For awards above the simplified acquisition threshold, local announcements must include details about the award process and selection basis.

Responsibilities

Contracting Officers: Ensure timely preparation and submission of award information; verify if exclusions apply.
Contractors: No direct action required, but should be aware of public disclosure timing.
Agencies: Announce awards publicly at the specified time; ensure local announcements meet content requirements.

Practical Implications

Ensures transparency and public awareness of significant contract awards.
Contractors should anticipate public disclosure of award details for contracts over $5.5 million.
Failure to comply with timing or content requirements can result in regulatory violations or public relations issues.

5.303

Announcement of contract awards

Contracting officers must ensure timely public announcement of contract awards over $5.5 million, with strict timing and content requirements to promote transparency.

Overview

Key Rules

Public Announcement Timing
- Contracting officers must provide award information for contracts over $5.5 million in time for a 5 p.m. public release on the day of award.
Prohibition on Early Release
- No information may be released before 5 p.m. Washington, DC time.
Exclusions
- Awards to the SBA under 8(a), certain foreign contracts, and contracts exempted under 5.202(a)(1) are not subject to this requirement.
Local Announcements
- For awards above the simplified acquisition threshold, local announcements must include details about the award process and selection basis.

Responsibilities

Contracting Officers: Ensure timely preparation and submission of award information; verify if exclusions apply.
Contractors: No direct action required, but should be aware of public disclosure timing.
Agencies: Announce awards publicly at the specified time; ensure local announcements meet content requirements.

Practical Implications

Ensures transparency and public awareness of significant contract awards.
Contractors should anticipate public disclosure of award details for contracts over $5.5 million.
Failure to comply with timing or content requirements can result in regulatory violations or public relations issues.

5.303

Announcement of contract awards

Contracting officers must ensure timely public announcement of contract awards over $5.5 million, with strict timing and content requirements to promote transparency.

Overview

Key Rules

Public Announcement Timing
- Contracting officers must provide award information for contracts over $5.5 million in time for a 5 p.m. public release on the day of award.
Prohibition on Early Release
- No information may be released before 5 p.m. Washington, DC time.
Exclusions
- Awards to the SBA under 8(a), certain foreign contracts, and contracts exempted under 5.202(a)(1) are not subject to this requirement.
Local Announcements
- For awards above the simplified acquisition threshold, local announcements must include details about the award process and selection basis.

Responsibilities

Contracting Officers: Ensure timely preparation and submission of award information; verify if exclusions apply.
Contractors: No direct action required, but should be aware of public disclosure timing.
Agencies: Announce awards publicly at the specified time; ensure local announcements meet content requirements.

Practical Implications

Ensures transparency and public awareness of significant contract awards.
Contractors should anticipate public disclosure of award details for contracts over $5.5 million.
Failure to comply with timing or content requirements can result in regulatory violations or public relations issues.

5.303

Announcement of contract awards

Contracting officers must ensure timely public announcement of contract awards over $5.5 million, with strict timing and content requirements to promote transparency.

Overview

Key Rules

Public Announcement Timing
- Contracting officers must provide award information for contracts over $5.5 million in time for a 5 p.m. public release on the day of award.
Prohibition on Early Release
- No information may be released before 5 p.m. Washington, DC time.
Exclusions
- Awards to the SBA under 8(a), certain foreign contracts, and contracts exempted under 5.202(a)(1) are not subject to this requirement.
Local Announcements
- For awards above the simplified acquisition threshold, local announcements must include details about the award process and selection basis.

Responsibilities

Contracting Officers: Ensure timely preparation and submission of award information; verify if exclusions apply.
Contractors: No direct action required, but should be aware of public disclosure timing.
Agencies: Announce awards publicly at the specified time; ensure local announcements meet content requirements.

Practical Implications

Ensures transparency and public awareness of significant contract awards.
Contractors should anticipate public disclosure of award details for contracts over $5.5 million.
Failure to comply with timing or content requirements can result in regulatory violations or public relations issues.

5.303

Announcement of contract awards

Contracting officers must ensure timely public announcement of contract awards over $5.5 million, with strict timing and content requirements to promote transparency.

Overview

Key Rules

Public Announcement Timing
- Contracting officers must provide award information for contracts over $5.5 million in time for a 5 p.m. public release on the day of award.
Prohibition on Early Release
- No information may be released before 5 p.m. Washington, DC time.
Exclusions
- Awards to the SBA under 8(a), certain foreign contracts, and contracts exempted under 5.202(a)(1) are not subject to this requirement.
Local Announcements
- For awards above the simplified acquisition threshold, local announcements must include details about the award process and selection basis.

Responsibilities

Contracting Officers: Ensure timely preparation and submission of award information; verify if exclusions apply.
Contractors: No direct action required, but should be aware of public disclosure timing.
Agencies: Announce awards publicly at the specified time; ensure local announcements meet content requirements.

Practical Implications

Ensures transparency and public awareness of significant contract awards.
Contractors should anticipate public disclosure of award details for contracts over $5.5 million.
Failure to comply with timing or content requirements can result in regulatory violations or public relations issues.

5.303

Announcement of contract awards

Contracting officers must ensure timely public announcement of contract awards over $5.5 million, with strict timing and content requirements to promote transparency.

Overview

Key Rules

Public Announcement Timing
- Contracting officers must provide award information for contracts over $5.5 million in time for a 5 p.m. public release on the day of award.
Prohibition on Early Release
- No information may be released before 5 p.m. Washington, DC time.
Exclusions
- Awards to the SBA under 8(a), certain foreign contracts, and contracts exempted under 5.202(a)(1) are not subject to this requirement.
Local Announcements
- For awards above the simplified acquisition threshold, local announcements must include details about the award process and selection basis.

Responsibilities

Contracting Officers: Ensure timely preparation and submission of award information; verify if exclusions apply.
Contractors: No direct action required, but should be aware of public disclosure timing.
Agencies: Announce awards publicly at the specified time; ensure local announcements meet content requirements.

Practical Implications

Ensures transparency and public awareness of significant contract awards.
Contractors should anticipate public disclosure of award details for contracts over $5.5 million.
Failure to comply with timing or content requirements can result in regulatory violations or public relations issues.

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Overview

Key Rules

Responsibilities

Practical Implications

Overview

Key Rules

Responsibilities

Practical Implications

Applicability

Compliance

Key Terms

Cross References

Overview

Key Rules

Responsibilities

Practical Implications

Overview

Key Rules

Responsibilities

Practical Implications

Applicability

Compliance

Key Terms

Cross References

Overview

Key Rules

Responsibilities

Practical Implications

Overview

Key Rules

Responsibilities

Practical Implications