Announcement (New Thresholds For Certified Cost and Pricing Data)

PCG has the scoop on the new thresholds for certified cost and pricing data. The 2018 National Defense Authorization Act (NDAA) raised the Truth in Negotiation (TINA) thresholds for requiring certified cost or pricing data to $2 million. These new thresholds are being implemented by Class Deviations without the need for FAR and DFAR changes. On April 13, 2018, a DoD class deviation was issued providing that effective July 1, 2018, the threshold of $2 million is to be used for obtaining certified cost or pricing data in lieu of the $750,000 threshold.  On May 3, 2018, the Chair of the Civilian Agency Acquisition Council implemented a similar increase in the TINA threshold to $2 million for civilian agency contract actions as of July 1, 2018.The 2018 National Defense Authorization Act (NDAA) raised the Truth in Negotiation (TINA) thresholds for requiring certified cost or pricing data to $2 million. These new thresholds are being implemented by Class Deviations without the need for FAR and DFAR changes. On April 13, 2018, a DoD class deviation was issued providing that effective July 1, 2018, the threshold of $2 million is to be used for obtaining certified cost or pricing data in lieu of the $750,000 threshold.  On May 3, 2018, the Chair of the Civilian Agency Acquisition Council implemented a similar increase in the TINA threshold to $2 million for civilian agency contract actions as of July 1, 2018.

Learn more about this implementation here.

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Tomi Llama