FAR Federal Acquisition Regulations (Future Release)
- Describes the Federal Acquisition Regulations System, defines words and terms used in the FAR, describes improper business practices and personal conflict of interest, and administrative matters
- Defines regulations for competition and acquisition plans, such as publicizing contract actions, competition requirements, acquisition planning, required sources of supplies and services, contractor qualifications, and market research, and describes agency needs and acquisition of commercial items
- Sets up standards for contracting methods and contract types, such as simplified acquisition procedures, sealed bidding, contracting by negotiation, types of contracts, special contracting methods, and emergency acquisitions
- Delineates regulations pertaining to special categories of contracting, such as major system acquisition, research and development contracting, construction and architect-engineer contracts, service contracting , federal supply schedule contracting, acquisition of information technology, and the acquisition of utility services
- Offers standardized solicitation provisions and contract clauses and forms
The Federal Acquisition Regulations (FARs) are the primary regulation for utilization of all Federal Executive agencies in the acquisition of their supplies and services with appropriated funds. The FAR system attempts to provide for coordination, simplicity, and uniformity in the acquisition process as well as to provide for agency and public participation in developing the FAR and agency acquisition regulations. The FAR offers codification and publication of uniform policies and procedures for acquisition by all federal executive agencies.
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