January 1, 1995January 1995
egarding the review of disputes relating to contract performance, the Federal Acquisition Streamlining Act:
Establishes a six-year statute of limitations for the submission of contractor and government claims, except for claims alleging contractor fraud. The law repeals the 18-month limit presently applied to DoD shipbuilding contracts.
Increases from $50,000 to $100,000 the threshold over which a contractor must certify a claim's validity. The law repeals DoD-unique contractor claim certification requirements.
Increases the dollar amount for claims eligible for expedited treatment at agency boards of contract appeals.
Permits district courts to obtain timely advisory opinions from agency boards of contract appeals in certain cases.
Extends, until Oct. 1, 1999, the authority of federal agencies to engage in alternative dispute resolution procedures under the Contract Disputes Act.
January 1, 1995