Transcription of GUIDANCE FOR THE CONTRACTOR PERFORMANCE …
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GUIDANCE FOR THE CONTRACTOR PERFORMANCE …
GUIDANCE FOR THE CONTRACTOR PERFORMANCE ASSESSMENT REPORTING SYSTEM (CPARS) Updated May 2021 2 Summary of Significant Changes May 2021 1. Increased the Construction threshold from $700,000 to $750,000 effective October 2020. 3 CONTRACTOR PERFORMANCE ASSESSMENT REPORTING The Federal Acquisition Regulation (FAR) requires that CONTRACTOR PERFORMANCE information be collected (FAR Part ) and used in source selection evaluations (FAR Part 15). Source selection officials rely on clear and timely evaluations of CONTRACTOR PERFORMANCE to make informed business decisions when awarding government contracts and orders. This information is critical to ensuring that the Federal government only does business with companies that provide quality products and services in support of the agency s missions.
Each evaluation must include detailed and complete statements about the contractor’s performance and be based on objective data (or measurable, subjective data when objective data arenot available) supported by program and contract/order management data (see paragraph 1.4). Instructions to this document contains the specific areas to be
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