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A large part of the FAR, Subchapter D, describes various socio-economic programs, such as the various small business programs, [8] purchases from foreign sources, and laws written to protect laborers and professionals working under government contracts. The final three chapters of Title 48 (61, 63 and 99) establish the Civilian Board of ...
Contracts for federal government procurement usually involve appropriated funds spent on supplies, services, and interests in real property by and for the use of the Federal Government through purchase or lease, whether the supplies, services, or interests are already in existence or must be created, developed, demonstrated, and evaluated. [3 ...
FedBizOpps operated until 2019 as a source of information on government contracts. This is now SAM.gov. [272] Public announcements of awards allow for several exemptions, including contracts less than $3.5 million. [273] Historically, the procurement data has been criticized for deficiencies leading to a number of reforms. [274]
When a government agency buys goods or services through this practice, it is referred to as government procurement or public procurement. [ 2 ] Procurement as an organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are ...
MA Chirelstein, Concepts and Case Analysis in the Law of Contracts (6th edn 2010) EA Farnsworth, Contracts (2008) LL Fuller, MA Eisenberg and MP Gergen Basic Contract Law (9th edn 2013) CL Knapp, NM Crystal and HG Prince, Problems in Contract Law: Cases and Materials (7th edn Aspen 2012) Books. OW Holmes, The Common Law (1890) chs 7-9
In 1970, Congress established the original Cost Accounting Standards Board (CASB) to promulgate cost accounting standards designed to achieve uniformity and consistency in the cost accounting principles followed by defense contractors and subcontractors in excess of $100,000, and to establish regulations to require defense contractors and subcontractors, as a condition of contracting, to ...
The procedures for awarding public supply contracts were co-ordinated with Directive 77/62/EEC, [8] which introduced three fundamental principles: contracts had to be advertised community-wide, discriminatory technical specifications were prohibited, and tendering and award procedures had to be based on objective criteria.
Because the FAR is the law, and government contractors are presumed to be familiar with the FAR, a mandatory clause that expresses a significant or deeply ingrained strand of public procurement policy will be incorporated into a Government contract by operation of law, even if the parties intentionally omitted it. [1] [2]
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