FAR

The Federal Acquisition Regulation is the principal set of rules governing how executive branch agencies acquire goods and services with appropriated funds. Published in Title 48 of the Code of Federal Regulations, it establishes uniform policies and procedures for the entire acquisition process, from requirements development through contract closeout.

The FAR addresses competition requirements, contract types, source selection methods, small business programs, cost principles, and contract administration. Individual agencies may supplement the FAR with agency-specific regulations (such as the DFARS for DoD), but cannot contradict FAR requirements. Understanding FAR principles is fundamental to government contracting compliance and successful proposal development.