Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 1 - Federal Acquisition Regulation |
SubChapter A - General |
Part 4 - Administrative Matters |
Subpart 4.5 - Electronic Commerce in Contracting |
§ 4.505-2 - Full certification.
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(a) An agency is considered to have implemented full FACNET if—
(1) The agency has implemented all of the FACNET functions described in 4.504;
(2) During the entire preceding fiscal year, more than 75 percent of the agency's eligible contracts, not otherwise exempted (see 4.506), that exceeded the
micro-purchase threshold but did not exceed the simplified acquisition threshold, were entered into vai FACNET; and. (3) The head of the agency, with the concurrence of the Administrator of OFPP, has certified to the Congress that the agency has implemented full FACNET. For the Department of Defense, the certification shall be made by the Secretary of Defense for the Department as a whole.
(b) Eligible contracts do not include any class or classes of contracts that the Federal Acquisition Regulatory Council determines, after October 13, 1997, are not suitable for acquisition through FACNET.