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.
However, the guide includes a consistent process and procedures for agencies to usewhen reporting on past performance information and should be read in conjunction with FAR Part 42.15 and other FAR Parts related to past performance information. Additional guidance may be provided by respective agency
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