What is Federal Acquisition Regulation (FAR)? - Definition from Whatis.com

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Federal Acquisition Regulation (FAR)

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Federal Acquisition Regulation (FAR)

Federal Acquisition Regulation (FAR) is the body of laws that govern the U.S. Federal Government's procurement process. These laws are prepared, issued and maintained under the joint auspices of the Secretary of Defense, the Administrator of General Services Administration (GAO and the Administrator of the National Aeronautics and Space Administration (Defense Acquisition Regulatory Council (DARC) and the Civilian Agency Acquisition Council. (CAAC).

The FAR is published as Chapter 1 of Title 48 of the Code of Federal Regulations.

Related glossary terms: tier 2 vendor, backside bus, administrator code, solution provider, What is fair and reasonable price? - Definition from Whatis.com, channel conflict, partner portal, broad agency announcement (BAA), turnkey solution provider, reseller

This was last updated in February 2007

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