FAR
Federal Acquisition Regulation
Government ProgramsDefinition
The primary regulation governing federal government procurement.
More Information
The FAR establishes uniform policies and procedures for acquisition by all executive agencies. It covers the entire procurement process from planning through contract closeout. Part 19 of the FAR specifically addresses small business programs and set-asides. Understanding FAR requirements is essential for federal contractors.
Example
A contractor reviews FAR Part 15 to understand the source selection procedures that will be used to evaluate their proposal.