Federal Acquisition Reform Act of 1995

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Competition Title II: Commercial Items Title III: Additional Reform Provisions Title IV: Streamlining of Dispute Resolution Title V: Effective Dates and Implementation Federal Acquisition Reform Act of 1995 - Title I: Competition - Amends Federal law to require Federal agency heads to obtain a maximum practicable number of competitors when procuring property and services for the armed forces or an executive agency. Revises requirements for the use of other than competitive procedures to allow them only when use of competitive procedures is not feasible or appropriate. (Sec. 101) Mandates the creation of simplified procedures for procurements valued below a certain amount ("simplified acquisition threshold"). Amends OFPPA to revise public notice requirements for all Government contracts valued between $10,000 and $25,000. (Sec. 104) Entitles an excluded offeror, who has submitted a competitive proposal, to request in writing and receive a debriefing about such proposal's merits from the contracting officer prior to award, unless it is not in the Government's best interests to conduct a debriefing at that time. (Sec. 105) Repeals the small business set-asi…