What does FAR clause mean?
The Federal Acquisition Regulation
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 FAR also contains standard solicitation provisions and contract clauses and the various agency FAR supplements.
What does the FAR cover?
The FAR is a regulation, codified in Parts 1 through 53 of Title 48 of the Code of Federal Regulations, which generally governs acquisitions of goods and services by executive branch agencies.
What does FAR mean in court?
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1.
What is a FAR document?
A FAR file is an archive that contains game data used by The Sims, a life-simulation game. It stores a collection of objects used within the game. FAR files are referenced by The Sims during gameplay and can be unpacked and edited with various third-party programs.
Who is subject to the FAR?
Parts 1 to 51 Contracting officers and other members of the acquisition workforce rely on the FAR for guidance on a wide range of topics, including acquisition planning, publicizing contract actions, required sources of supplies and services, and types of contracts.
What is an FAR report?
Effective December 12, 2008, the Federal Acquisition Regulation (FAR) was amended to, in part, require that contractors timely notify the relevant Office of Inspector General (OIG) whenever there is credible evidence to believe that a violation(s) of criminal law and/or the civil False Claims Act have occurred in …
Who does the FAR apply to?
The FAR applies to all acquisitions as defined in part 2 of the FAR, except where expressly excluded.
Why was the FAR created?
Its purpose is to ensure purchasing procedures are standard, consistent, and conducted in a fair and impartial manner. The FAR has recently gone through a significant rewrite to reflect and implement changes made by recent laws. The FAR applies to most agencies in the Executive Branch.
Is the FAR a law?
Who uses the FAR?
1.103 Authority. (b) The FAR is prepared, issued, and maintained, and the FAR System is prescribed jointly by the Secretary of Defense, the Administrator of General Services, and the Administrator, National Aeronautics and Space Administration, under their several statutory authorities.
What contracts are subject to FAR?
As noted previously (see “What Agencies Are Subject to the FAR?”), executive branch agencies are generally subject to the FAR when making certain purchases. Namely, the FAR applies to “acquisitions” of “supplies” (or goods) and “services” with appropriated funds by most (although not all) executive branch agencies.
When was the FAR last updated?
On August 11, 2021, the Federal Acquisition Regulatory (FAR) Council issued a final rule updating the federal government’s procurement regulations to officially incorporate the U.S. Access Board’s revised Section 508 Standards.
Who governs the FAR?
(b) The FAR is prepared, issued, and maintained, and the FAR System is prescribed jointly by the Secretary of Defense, the Administrator of General Services, and the Administrator, National Aeronautics and Space Administration, under their several statutory authorities.