FAR 7.403 General Services Administration assistance and OMB guidance
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 7.403
- Type
- Section
- Last amended
- 88 FR 25477 Effective May 26, 2023
- Proposed changes
- 1
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
(a) When requested by an agency, the General Services Administration (GSA) will assist in rent, lease, or purchase decisions by providing information such as-
(1) Pending price adjustments to Federal Supply Schedule contracts;
(2) Recent or imminent technological developments;
(3) New techniques; and
(4) Industry or market trends.
(b) For additional GSA assistance and guidance, agencies may—
(1) Request information from the GSA FAS National Customer Service Center by phone at 1-800-488-3111 or by email at ncsccustomer.service@gsa.gov; and
(2) See GSA website, Schedule 51 V Hardware Superstore-Equipment Rental, (https://www.gsa.gov/buying-selling/products-services/industrial-products-services/rental-of-industrial-equipment).
(c) For additional OMB guidance, see—
(1) Section 13, Special Guidance for Lease-Purchase Analysis, and paragraph 8.c.(2), Lease-Purchase Analysis, of OMB Circular A-94, Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs, (https://www.whitehouse.gov/wp-content/uploads/legacy_drupal_files/omb/circulars/A94/a094.pdf); and
(2) Appendix B, Budgetary Treatment of Lease-Purchases and Leases of Capital Assets, of OMB Circular A-11, Preparation, Submission, and Execution of the Budget, (https://www.whitehouse.gov/wp-content/uploads/2018/06/app_b.pdf).
Federal Register history
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 6, 7, 10, 18, 26, 37, and 41 | Closed Jul 23, 2026No final rule found |
Quick answers
What is FAR 7.403?
FAR 7.403 is a section of the Federal Acquisition Regulation, titled "General Services Administration assistance and OMB guidance".
When was FAR 7.403 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Technical Amendments" (88 FR 25477), published Apr 26, 2023 and effective May 26, 2023.
Are changes to FAR 7.403 proposed?
One proposed change has no final rule yet.
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