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FAR and DFARS › FAR Part 7: Acquisition Planning › Subpart 7.4

FAR 7.403 General Services Administration assistance and OMB guidance.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This section describes how the General Services Administration (GSA) can help agencies with rent, lease, or purchase decisions by providing information on price adjustments, technology developments, new techniques, and market trends. It also lists contact points for additional GSA assistance and references OMB guidance on lease-purchase analysis and budgetary treatment. It matters to contractors because it shows the support and guidance available to agencies making leasing decisions that may involve contractor offerings.

Applies to: Agencies making rent, lease, or purchase decisions

Key terms: Federal Supply Schedule contracts · lease-purchase analysis · OMB Circular A-94 · OMB Circular A-11 · GSA FAS National Customer Service Center

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The 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 [email protected]; 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).

← 7.402 Acquisition methods. · 7.404 Contract clause. →

Rule changes for FAR Part 7

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

FAR 7.403 General Services Administration assistance and OMB guidance · SpendQuery