What does acquisition mean in government?
Acquisition means the acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated.
What is the purpose of the Federal Acquisition Regulation?
The purpose of the FAR is to publish uniform policies and procedures for federal agencies to follow when going through the procurement process. These rules provide a consistent yet flexible purchasing procedure so that government contracts may be conducted in transparent, fair, and impartial manner.
What is the definition of a commercial item?
Commercial item means. (1) Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and- (i) Has been sold, leased, or licensed to the general public; or.
What is government contracting and acquisition?
The Bachelor of Arts in Government Contracting and Acquisition provides a foundation of government contracting components, federal procurement processes, and contract management by taking advantage of the Contract Management Body of Knowledge (CMBOK).
What is the synonym of acquisition?
achievement. nounsomething completed successfully; goal reached. accomplishment. acquirement. acquisition.
What is an assisted acquisition?
a) Assisted Acquisition: As defined in FAR 2.101, assisted acquisition is a type of. interagency acquisition where a servicing agency performs acquisition activities on a. requesting agency’s behalf, such as awarding and administering a contract, task order, or. delivery order.
Who does the Federal Acquisition Regulations apply to?
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. The FAR also contains standard solicitation provisions and contract clauses and the various agency FAR supplements.
What is Defense Federal Acquisition Regulation?
The Defense Federal Acquisition Regulation Supplement (DFARS) is an amendment to a set of rules that the Department of Defense (DoD) and similar agencies of the US Government use to oversee the purchasing of goods and services, including technology.
What is a modified commercial item?
Modified Items Modifications of a type customarily available in the commercial marketplace; or. Minor modifications of a type not customarily available in the commercial marketplace, made to meet Federal Government requirements.
Is the Federal Acquisition Regulation a law?
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1.
What are government contracts called?
Federal government contracts are commonly divided into two main types, fixed-price and cost-reimbursement. Other contract types include incentive contracts, time-and-materials, labor-hour contracts, indefinite-delivery contracts, and letter contracts.
How are research and development centers ( FFRDC ) classified?
Administration co-sponsor a single FFRDC that serves all three. FFRDCs are classified in three “activity type” categories under a system established by DOD and adopted by NSF. According to NSF, the three categories—R&D laboratory, study and analysis center, or system engineering and integration center are defined as follows:
Who are the primary sponsors of the FFRDC?
Nonsponsor means any other organization, in or outside of the Federal Government, which funds specific work to be performed by the FFRDC and is not a party to the sponsoring agreement. Primary sponsor means the lead agency responsible for managing, administering, or monitoring overall use of the FFRDC under a multiple sponsorship agreement.
Can a FFRDC compete with the private sector?
It is not the Government’s intent that an FFRDC use its privileged information or access to installations equipment and real property to compete with the private sector.
Where can I get access to the FFRDCs?
Access to the DOE’s FFRDCs is coordinated through S’s Office of National Labs (ONL).