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The Federal Acquisition Regulation (?FAR?) is found in Title 48 of the Code of Federal Regulations. It consists of 37 Chapters (Chapter 1, some 2,000+ pages, which applies to all agencies, and then various agency supplements plus the Cost Accounting Standards).
FAR compliance is a process for ensuring that all federal contractors comply with the Federal Acquisition Regulation (FAR). The FAR was established to ensure that government agencies receive quality goods and services at fair prices.
How the FAR is Organized Parts 1- 4: General. Parts 5 ? 12: Competition and Acquisition Planning. Parts 13 - 18: Contracting Methods and Types. Parts 19 - 26: Socioeconomic Programs. Parts 27 - 33: Contracting Requirements (Cost Principles) Parts 34 - 41: Special Categories. Parts 42 - 51: Contract Management.
The Federal Acquisition Regulation (FAR) is the primary regulation for use by all executive agencies in their acquisition of supplies and services with appropriated funds.
The Administrator of OFPP, in concurrence with the Director of OMB, may also deny or rescind any government-wide regulation or final rule of any executive agency relating to procurement if the Administrator determines that the regulation or rule is inconsistent with the policies, regulations, or procedures issued ...
Stateside civilians with transportation agreements are eligible for government housing on Guam.
What is a FAR-Based Contract? The government uses Federal Acquisition Regulations and Defense Federal Acquisition Regulation Supplements federal contracts as a procurement mechanism to purchase property or services for its direct benefit or use.
? Pursuant to a standard FAR clause, the government can recover any costs initially paid to the contractor but ultimately found not allowable, reasonable, or allocable to the contract. ? Under certain circumstances, the government has the right to audit a contractor's price proposal prior to negotiations.