Search results
Results from the WOW.Com Content Network
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1. It covers many of the contracts issued by the US military and NASA, as well as US civilian federal agencies.
Chapters 2-99 are acquisition regulations issued by individual government agencies: parts 1-69 are reserved for agency regulations implementing the FAR in chapter 1 and are numerically keyed to them, and parts 70-99 contain agency regulations supplementing the FAR. [1]
Title 41 of the Code of Federal Regulations ("CFR"), titled Public Contracts and Property Management, is the portion of the CFR that governs federal government public contracts within the United States. It is available in digital or printed form.
The process for promulgating regulations including the Federal Acquisition Regulation (FAR) includes publication of proposed rules in the Federal Register and receipt of comments from the public before issuing the regulation. Courts treat the FAR as having the "force and effect of law", and Contracting Officers do not have the authority to ...
The RFPs specify the government's requirements for the product or service it intends to buy. In the United States, federal RFPs also specify, in accordance with the FAR, how the proposal should be prepared (Section L in the RFP) and what criteria will be used to evaluate proposals (Section M) Federal Acquisition Regulations.
CAS applies to contracts, not contractors, through Federal Acquisition Regulation clauses. A company may have contracts that are subject to "full" CAS coverage (be required to follow all 19 standards), "modified" CAS coverage (required to follow only Standards 401, 402, 405, and 406), simultaneously have contracts that are subject to either modified or full coverage, or be exempt from coverage.
A new Federal Acquisition Regulation (FAR) policy, published October 1, 2003 (Circular 2003-016, FAR case 2002-018), requires that all federal contractors register in the CCR database prior to the awarding of any contract or purchase agreement. [citation needed]
This is a type of contract that provides for an indefinite quantity of supplies or services during a fixed period of time. The legal origin of IDIQ contracts is the Federal Acquisition Regulation (FAR) section 16.504(a) (48 CFR 16.504). IDIQs are also sometimes called "Task Orders" or "Delivery Order Contracts."