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FEDSIM's increasing reliance on the private sector is consistent with the current Government policy of contracting out tasks that are not an "Inherently Governmental Function". [11]
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1. It covers many of the contracts issued by the US military and NASA, as well as US civilian federal agencies.
SAP was authorized by the Federal Acquisition Streamlining Act of 1994 (FASA), and expanded by the Federal Acquisition Reform Act of 1996. [2] [5] The procedures were developed in the context of the National Partnership for Reinventing Government, an initiative of the Clinton administration to increase government efficiency that began in 1993.
CAS applies to contracts, not contractors, through Federal Acquisition Regulation clauses. A company may have contracts that are subject to "full" CAS coverage (be required to follow all 19 standards), "modified" CAS coverage (required to follow only Standards 401, 402, 405, and 406), simultaneously have contracts that are subject to either modified or full coverage, or be exempt from coverage.
Government spending or expenditure includes all government consumption, investment, and transfer payments. [1] [2] In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure.
The U.S. Congress is the bicameral legislature of the United States government, and is made up of two chambers: the United States Senate (the upper chamber) and the United States House of Representatives (the lower chamber).
the functions performed by each of the parties to the transaction taking into account assets used and risks assumed (so-called Functions, Assets, and Risks Analysis or FAR Analysis); the characteristics of property transferred or services provided, as difference in quality or the extent of service may affect price;
"The purposes of this Act are: (a) to protect the components of the environment that are within the legislative authority of Parliament from significant adverse environmental effects caused by a designated project; (b) to ensure that designated projects that require the exercise of a power or performance of a duty or function by a federal ...
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