Operating Status
FULLY OPERATIONAL
OPERATING STATUS
This response is based on the information provided. We suggest you discuss with your contracting team, program manager and/or legal department as appropriate.
We found your answer in the CPRG Volume 4 Chapter 4.1 which states: "The program manager should obtain a CFSR (DD Form 1586) on contracts over 6 months in duration. The CFSR has no specific application thresholds; however, the program manager should carefully evaluate application to contracts valued at less than $1.5 million (in then-year dollars)."
We believe each program determines a dollar threshold based on the complexity and duration of the program and a need to have greater insight to expenditures. Your service/agency (Space Force in your case) may have additional threshold guidance. The CPRG also has the FFP info from the FAR. The CPRG is accessible on line.
Required fields marked with *
Please note that you should expect to receive a response from our team, regarding your inquiry, within 2 business days.