Federal Acquisition Regulation; Information on Corporate Contractor Performance and Integrity

DoD, GSA, and NASA are issuing a final rule amending the Federal Acquisition Regulation (FAR) to implement section 852 of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2013 to include in the Federal Awardee Performance and Integrity Information System (FAPIIS), to the extent practicable, identification of any immediate owner or subsidiary, and all predecessors of an offeror that held a Federal contract or grant within the last three years. The objective is to provide a more comprehensive understanding of the performance and integrity of the corporation before awarding a Federal contract.

Learn more: https://www.federalregister.gov/articles/2016/03/07/2016-04773/federal-acquisition-regulation-information-on-corporate-contractor-performance-and-integrity