15 Jan 2025
🔒Federal Acquisition Regulation Amendments
Federal Acquisition Regulation: Controlled Unclassified Information
Summary
DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to implement the National Archives and Records Administration's Controlled Unclassified Information Program enacted under an Executive Order entitled Controlled Unclassified Information.
Agencies
- Defense Department
- General Services Administration
- National Aeronautics and Space Administration
Business Impact
$$ - Med
The proposed amendment to the Federal Acquisition Regulation imposes compliance requirements on contractors handling Controlled Unclassified Information (CUI), impacting business operations, financial costs, and regulatory responsibilities. Firms must implement safeguarding measures, complete employee training, and adhere to stringent reporting protocols, which can drive up their operational costs.