FAR Case 2023-008 Semiconductor Products Rulemaking
Summary
The US Federal Acquisition Regulation (FAR) has issued a final rule concerning semiconductor products. This rule establishes new requirements for the acquisition of semiconductors, aiming to enhance supply chain security and national security. It impacts government agencies and manufacturers involved in federal contracts.
What changed
The FAR Council has published a final rule (FAR Case 2023-008) establishing new requirements for the acquisition of semiconductor products. This rule aims to address supply chain risks and bolster national security by imposing specific conditions on the sourcing and use of semiconductors in federal contracts. The rule details definitions, prohibitions, and exceptions related to covered semiconductor products and services.
Government agencies and contractors involved in federal procurements must review and comply with these new requirements. While the rule is effective upon publication, entities should ensure their procurement processes and supply chain management practices align with the new stipulations to avoid non-compliance. Specific guidance on implementation and potential exceptions is provided within the rule.
What to do next
- Review FAR Case 2023-008 for detailed requirements on semiconductor product acquisition.
- Update procurement policies and procedures to align with the new rule.
- Ensure supply chain management practices address the new stipulations for covered semiconductor products.
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