Subpart 5.3 - Synopses of Contract Awards 5.301 General. (a) Requirement . Except as provided in paragraph (b) of this section, post an award notice to the GPE for contract actions greater than $25,000 that are— (1) Covered by the WTO GPA or FTA (see part 25); or (2) Likely to result in subcontract awards. (b) Exemptions. An award notice is not required if an exemption at 5.101(b)(1) to the presolicitation notice requirements applied to the contract action. (c) Content . The award notice must include the following information: (1) A description of the supplies or services. (2) Contracting office and address. (3) Contractor receiving the award. (4) Contract award dollar amount. (5) Contract award date. (d) Timing . When an award notice is required, post it to the GPE within the following timeframes: Value Description Timing >$25K Likely to result in subcontracting opportunities As soon as possible after award to promote industry and small business participation Not likely to result in subcontracting opportunities, but subject to WTO GPA or FTA Within 60 days of award Table 5-4 — Minimum Timeframes for Posting Award Notices