The Civilian Agency Acquisition and Defense Acquisition Regulations Councils have issued Federal Acquisition Circular 2005-59, which contains two interim rules and one final rule amending the Federal Acquisition Regulation. The rules are: Item I --Prohibition on Contracting with Inverted Domestic Corporations (FAR Case 2012-013); Item II --Free Trade Agreement-Colombia (FAR Case 2012-012); and Item III --Revision of Cost Accounting Standards Threshold (FAR Case 2012-003). This FAC also contains a Small Entity Compliance Guide. A full listing of the regulations impacted by the rules, along with the effective date for each rule, appears in the FAC regulation table below. For the text of FAC 2005-59, see ¶70,002.148.
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