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The Federal Acquisition Regulation (FAR) stands as the cornerstone of the U.S. government’s procurement system, guiding the acquisition of supplies and services using appropriated funds. Established under the joint authorities of the Administrator of General Services, the Secretary of Defense, and the Administrator for the National Aeronautics and Space Administration, the FAR operates within the framework of applicable laws and under the broad policy guidelines of the Administrator, Office of Federal Procurement Policy, Office of Management and Budget.

Since its inception on April 1, 1984, the FAR has aimed to eliminate redundant agency acquisition regulations, streamline policies and procedures across agencies, and foster coordination, simplicity, and uniformity in the federal acquisition process. Furthermore, it emphasizes the importance of agency and public participation in the development of both the FAR and agency-specific acquisition regulations.

This edition of the FAR incorporates all Federal Acquisition Circulars up to 2023-01, effective as of December 30, 2022. Notably, the designation of Federal Acquisition Circulars was revised in fiscal year 2019 to reflect the fiscal year in the first four digits, followed by the sequence of the issued circular in the last two digits.

As the primary regulation for all executive agencies in their acquisition endeavors, the FAR remains committed to upholding the principles of fairness, transparency, and integrity in the federal acquisition process. This document serves as a testament to the government’s dedication to ensuring that taxpayer funds are utilized efficiently, effectively, and ethically.

Whether you are a seasoned procurement professional, a contractor seeking to do business with the federal government, or a student of acquisition, this regulation offers invaluable insights into the intricacies of federal procurement. As you navigate its pages, may you find clarity, guidance, and a deeper understanding of the principles that underpin the U.S. government’s acquisition system.

ASIN ‏ : ‎ B0DKDBHZKK
Publication date ‏ : ‎ October 19, 2024
Language ‏ : ‎ English
File size ‏ : ‎ 1217 KB
Text-to-Speech ‏ : ‎ Enabled
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Enabled
Print length ‏ : ‎ 1631 pages

Price: $9.99
(as of Dec 28, 2024 12:00:09 UTC – Details)