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Este documento prescribe políticas y procedimientos para la divulgación de oportunidades de contrato e información sobre premios. Se detalla cómo se debe diseminar la información sobre acciones
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How to fill out FAC 97–15

01
Obtain the FAC 97–15 form from the appropriate source.
02
Fill in your personal information at the top of the form, including name, address, and contact details.
03
Provide the date of the request on the specified line.
04
In Section 1, specify the purpose of the form by checking the appropriate box.
05
Complete Section 2 with any required details about the subject matter.
06
If required, include additional documentation or evidence to support your request.
07
Review your completed form to ensure all sections are filled out correctly.
08
Sign and date the form at the bottom before submission.

Who needs FAC 97–15?

01
Individuals or entities requesting specific authorizations or approvals related to the FAC program.
02
Organizations that need to comply with federal regulations requiring completion of this form.
03
Participants seeking to document their compliance with federal requirements in related activities.
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People Also Ask about

Simplified Acquisition Threshold increase from $250,000 to $350,000. The FAR Council consisting of the Department of Defense, the General Services Administration, and the National Aeronautics and Space Administration has proposed addressing inflationary costs and increasing the SAT to $350,000.
FAR Part 15 describes the procedures for competitive and non-competitive open market acquisitions exceeding the Simplified Acquisition Threshold (SAT). Open market is defined as products or services not available from required sources of supply, such as GSA schedule contracts, outlined in FAR Part 8.
Simplified lease acquisition procedures mean the procedures for awarding leases at or below the simplified lease acquisition threshold. Simplified lease acquisition threshold Means $100,000 average annual rent for the term of the lease, including option periods and excluding the cost of oper- ational services.
What does FAR require? In ance with FAR 9.103(b), no contract award shall be made unless the Contracting Officer makes an affirmative determination of the prospective contractor's responsibility.
Service contract means a contract that directly engages the time and effort of a contractor whose primary purpose is to perform an identifiable task rather than to furnish an end item of supply.
This threshold has historically gone through periodic changes to account for factors such as inflation and changes in purchasing needs. The latest change took place in 2022 when there was an increase from $150,000 to $250,000 in 2022 to provide relief from the COVID-19 pandemic.
The simplified acquisition threshold (SAT) is $250,000. The SAT can vary depending on the particular acquisition situation.

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FAC 97–15 is a form used by federal agencies to report financial assistance activities and expenditures, ensuring accountability and compliance with federal regulations.
Federal agencies that provide financial assistance to recipients, such as grants or cooperative agreements, are required to file FAC 97–15.
To fill out FAC 97–15, agencies must gather detailed information about the financial assistance provided, including recipient details, funding amounts, and purpose of the assistance, then complete the form according to the guidelines provided by the governing authority.
The purpose of FAC 97–15 is to provide a standardized method for reporting financial assistance activities to ensure transparency, accountability, and compliance with federal regulations.
FAC 97–15 requires reporting information such as the recipient's name and address, the amount of assistance awarded, the purpose of the funding, and the performance outcomes associated with the assistance.
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