Program Fraud Civil Remedies Act Regulations Statutory Updates
Small Business Administration
Key Details
- Estimated Value
- $150,000
- Posted Date
- Response Deadline
- NAICS Code
- 541611
- Source
- Federal Register
- Contract Type
- regulation
Description
The United States Small Business Administration (SBA) is amending the Program Fraud Civil Remedies Act regulations in 13 CFR part 142 to reflect changes made to the Program Fraud Civil Remedies Act of 1986 by the Administrative False Claims Act of 2023. These changes, among other things, revise the name of the administrative action from "Program Fraud Civil Remedies" to "Administrative False Claims" and increase the threshold for a claim from $150,000 to $1,000,000. The Administrative False Claims Act mandates that the Agency issue regulations to update part 142 and this direct final rule conforms the regulations to the Administrative False Claims Act by adopting the new statutory requirements without change.
Key Dates
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Data sourced from Federal Register