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  • Question

    What is the disposal for Simplified Acquisition Threshold - isn't it 3yrs?


    Answer

    This response is based on the information provided.  We suggest you discuss with your contracting team, program manager and/or legal department as appropriate. 

     

    Our search of the FAR/DFARS/AFARS and National Archives Records Administration General Records Schedule (GRS) show 6 years as the retention period for the official contract file if the file/contract does not meet some exception (GRS Item 010).  Contracts at or under the Simplified Acquisition Threshold fell under the 6-year retention period.

    The office is allowed to destroy records that are not part of the official contract file when business use ceases (GRS Item 011). 

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