HomeResourcesUSAID ResourcesUSAID Regulatory ReformContract Review Board (CRB) Threshold Increased

Contract Review Board (CRB) Threshold Increased

In its June 2011 IPR newsletter, USAID announced that the threshold for Contract Review Board reviews has been increased:

The threshold for CRB reviews of contracts, including IQCs has been increased to $25 million from $10 million.  Based on the current Business Forecast, this will mean 44 contracts and 30 IQCs will require CRB review for FY11.  Increasing the threshold from the current $10 million reduces the number of procurements requiring review by 47.  OAA is in the process of completing a comprehensive review of its CRB operating procedures to determine where improvements or efficiencies might be made and new policy guidance will soon be issued to further streamline the process.

Source: http://forward.usaid.gov

You may also be interested in these articles: