48 CFR § 1615.7001 - 1615.7001 Audit and records.
---
identifier: "/us/cfr/t48/s1615.7001"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 1615.7001 - 1615.7001 Audit and records."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "1615.7001"
section_name: "1615.7001 Audit and records."
chapter_number: 16
chapter_name: "OFFICE OF PERSONNEL MANAGEMENT FEDERAL EMPLOYEES HEALTH BENEFITS ACQUISITION REGULATION"
subchapter_number: "C"
subchapter_name: "CONTRACTING METHODS AND CONTRACT TYPES"
part_number: "1615"
part_name: "CONTRACTING BY NEGOTIATION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8913; 40 U.S.C. 486(c); 48 CFR 1.301; 5 U.S.C. 8902."
regulatory_source: "52 FR 16040, May 1, 1987, unless otherwise noted."
cfr_part: "1615"
---
# 1615.7001 1615.7001 Audit and records.
The Contracting officer will modify 52.215-2 in all FEHB Program experience-rated contracts by amending paragraph (g) of that section to replace the words “exceed the simplified acquisition threshold” with “equals or exceeds $550,000.” This amount shall be adjusted by the same amount and at the same time as any change to the threshold for application of the Truth in Negotiations Act pursuant to 41 U.S.C. 254b(a)(7).
[70 FR 31381, June 1, 2005]