Code of Federal Regulations Title 48 - Federal Acquisition Regulations System
Title 48 of the Code of Federal Regulations (CFR) pertains to the Federal Acquisition Regulations System (FARS). This title governs the processes by which the federal government acquires (purchases) goods and services. It is essential reading for federal procurement professionals, contractors, and others involved in government contracting.
πΉ Structure of Title 48 CFR
Title 48 is divided into chapters, each representing specific agencies or overarching procurement regulations:
π Chapter 1 β Federal Acquisition Regulation (FAR)
Issued jointly by the Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA).
This is the core set of acquisition regulations applicable to all federal agencies.
Contains parts such as:
Part 1: Federal Acquisition Regulations System
Part 6: Competition Requirements
Part 12: Acquisition of Commercial Products and Services
Part 15: Contracting by Negotiation
π Chapters 2β99 β Agency Acquisition Regulations
Each federal agency may issue its own supplement to the FAR:
Chapter 2: Department of Defense (DFARS)
Chapter 5: General Services Administration (GSAR)
Chapter 6: Department of State
Chapter 15: Department of the Treasury
Chapter 19: Department of the State (again, some overlap by function)
Chapter 99: Cost Accounting Standards Board (CASB)
Each chapter is subdivided into parts, subparts, sections, and subsections, similar to other titles in the CFR.
πΉ Purpose and Scope
Ensure fair and open competition in federal procurement.
Promote efficiency, transparency, and integrity in contracting.
Define contract types, solicitation procedures, cost principles, and contract clauses.
π Key Terms
Solicitation β Request for bids or proposals.
Contracting Officer (CO) β Person with the authority to bind the government contractually.
Contract Types β Fixed-price, cost-reimbursement, IDIQ, etc.
Set-Asides β Contracts reserved for small businesses or disadvantaged groups.
0 comments