Under the new rule published earlier this month in the Federal Register:
- NASA will require EVM in all development and production contracts and subcontracts worth $20 million or more; major acquisition contracts valued at less than $20 million will follow the EVM guidelines outlined in the compliance standard already created by the Office of Management and Budget.
- Contracts and subcontracts valued at $50 million or more must have the EVM clause formally validated and accepted by the government.
- For contracts and subcontracts worth less than $20 million and not classified as major acquisitions, EVM application is not required, and implementation will be left up to the discretion of the program manager.
- Contracts for nondevelopmental engineering support services, steady state operations, basic and applied research, and routine services are not required to include EVM.
NASA is accepting comments on the interim rule through Jan. 12.
-Kerri Hostetler, WashingtonTechnology.com