GSA Acquisition Regulation Deviation Identification Correction

|2024-16344|578 days overdue
View on Federal Register

Summary

GSA is issuing a correction to GSAR Case 2022-G506; Standardizing the Identification of Deviations in the General Services Administration Acquisition Regulation; which published in the Federal Register on Jul 3, 2024, and is effective August 2, 2024. This correction makes an update to the reference to "commercial Services".

Compliance Requirements

  1. #1

    Amending the section heading by removing 'commercial services' and adding 'commercial services (FAR DEVIATION)' in its place

    Deadline: 2024-08-02(August 2, 2024)

Market Impacts

  • Standardization of deviation identification requirements for commercial services in GSA acquisition regulations, specifically requiring the addition of '(FAR DEVIATION)' to section headings when deviations from Federal Acquisition Regulation occur

Validated Company Impacts

LDOSScore: 100%

Leidos Holdings, Inc.

Leidos operates as a major government contractor providing commercial services to federal agencies including defense and intelligence communities, directly aligning with the GSAR's focus on commercial services acquisition regulations. The company's business model involves federal government contracting where GSAR compliance is mandatory for contractors. The rule focuses on standardization of deviation identification in GSA acquisition regulations, which has minimal alignment with the company's disclosed risk factors. The company's single regulatory compliance risk is generic and not specifically tied to federal acquisition regulation changes, while its primary risks (contract cancellation, cybersecurity, debt, budget cuts) are unrelated to this technical GSAR amendment.

ASGNScore: 100%

ASGN Inc

ASGN's Federal Government Segment (30% of revenue) directly aligns with the rule's focus on GSA acquisition programs and contractors subject to GSAR regulations, as they provide IT services to government agencies. The rule specifically targets standardization in commercial services procurement, which matches their federal contracting activities. The rule addresses standardization of deviation identification in GSA acquisition regulations, which is a specific regulatory compliance matter for government contractors. The company's risk profile shows only one general regulatory compliance risk without specific mention of government contracting or acquisition regulation compliance, indicating minimal relevance to this particular rule.

SAICScore: 100%

Science Applications International Corp

SAIC operates primarily as a government contractor providing services to federal agencies including defense, intelligence, and civilian sectors, which directly aligns with the GSAR's focus on commercial services acquisition regulations. The company's business model involving long-term contracts and cost reimbursement structures would be subject to GSAR requirements for standardization of deviation identification in federal procurement. The rule addresses standardization of deviation identification in GSA acquisition regulations, which has minimal direct alignment with the company's disclosed risk factors. While the company has regulatory compliance risks and dependence on government contracts, this specific technical correction does not materially impact those broader risk areas.

MMSScore: 100%

MAXIMUS, INC.

MAXIMUS operates a U.S. Federal Services Segment that delivers solutions for U.S. federal government agencies, including program operations and management services, which directly aligns with the GSAR's focus on federal government commercial services procurement. The company's business model involves contracting with federal agencies, making it subject to GSA acquisition regulations and the standardization requirements for deviation identification in commercial services. The rule's focus on standardizing deviation identification in GSA acquisition regulations has minimal alignment with the company's disclosed risk factors. While the company identifies federal government shutdown as a market risk, this rule addresses procedural compliance rather than the operational or financial disruptions highlighted in their risk profile.

PSNScore: 100%

PARSONS CORP

Parsons Corp operates primarily in defense, intelligence, and critical infrastructure sectors, not commercial services procurement which is the focus of this GSAR correction. The rule specifically targets GSA acquisition programs and contractors subject to GSAR regulations for commercial services, which does not align with Parsons' core government contracting business model focused on technical services and solutions. The rule directly addresses compliance with procurement regulations, which is explicitly identified as a top operational risk (risk #3) that could result in contract termination and disqualification from future contracts. The company's heavy dependence on government contracts and reputation with federal agencies creates significant alignment with this rule's standardization requirements for GSA acquisition programs.

WSCScore: 100%

WillScot Holdings Corp

WillScot Holdings Corp primarily operates in commercial leasing and sales of modular space and portable storage solutions, with minimal direct involvement in federal government procurement or acquisition programs. The GSAR correction specifically targets contractors subject to GSA acquisition regulations and standardization of deviation identification, which does not align with WillScot's business model of providing temporary space solutions to various end markets. The rule directly addresses standardization of deviation identification in GSA acquisition regulations, which aligns strongly with the company's identified risk of 'US Government Contract Laws' compliance. This creates material exposure to increased costs and liability under government contracting statutes, matching the regulatory compliance risk category.