executive agencies

EPGD Law Government
Government
Silvino Diaz

What is 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. It became effective in 1984 to govern the policies and procedures for contracts to sell goods or provide services to the federal government. It was created with the intention of having a comprehensive set of rules for agencies across the executive branch, but over time agencies have created supplements to the FAR, adding their own specifications.

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