📜Overview of DoD's New Suspension and Debarment Records System
Privacy Act of 1974; System of Records
Summary
In accordance with the Privacy Act of 1974, the DoD is creating a new system of records titled "Suspension and Debarment Records," DoD-0027. This system of records notice (SORN) is being established to collect and document decisions regarding suspension, debarment, or other administrative remedy under the Federal Acquisition Regulation, or the Non-procurement Common Rule. Additionally, DoD is issuing a Notice of Proposed Rulemaking, which proposes to exempt this system of records from certain provisions of the Privacy Act, elsewhere in today's issue of the Federal Register.
Agencies
- Defense Department
- N/A
Business Impact
$$$ - High
The text outlines a new system of records concerning suspension and debarment, which directly affects entities engaging with federal contracts. Businesses face potential exclusion from government procurement if not compliant with regulations, impacting their financial and operational standing.