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The federal government’s basic procurement or acquisition process involves an agency identifying the goods and services it needs (also known as the agency’s “requirements”), determining the most appropriate method for purchasing these items, and carrying out the acquisition.
There are three types of procurement methods described in this section: informal procurement methods (for micro-purchases and simplified acquisitions); formal procurement methods (through sealed bids or proposals); and noncompetitive procurement methods.
The Office of Federal Procurement Policy (OFPP) in the Office of Management and Budget plays a central role in shaping the policies and practices federal agencies use to acquire the goods and...
The division coordinates with the Office of Federal Procurement Policy (OFPP) and other agencies to implement laws, executive orders, other agency regulations, and governmentwide policies into the FAR.
Learn the seven essential stages of government procurement, from need identification to contract execution, and discover how Greenwood Aerospace streamlines the process for federal contracts.
FEDERAL ACQUISITION REGULATION (FAR) The FAR is the primary document of uniform policies and procedures for acquisition by all executive agencies and agency acquisition regulations implement or supplement the FAR. FAR available at Acquisition.gov.
The federal government’s basic procurement or acquisition process involves an agency identifying the goods and services it needs (also known as the agency’s “requirements”), determining the most appropriate method for purchasing these items, and carrying out the acquisition.
The Federal Acquisition Regulations System consists of the Federal Acquisition Regulation (FAR), which is the primary document, and agency acquisition regulations that implement or supplement the FAR.
Before wading into the waters of working with the federal government, prospective contractors should be aware of the key decision makers and their role in both the procurement process and ongoing monitoring of contract and grant performance. Below are several key roles with which contractors should become familiar, along with their often -
In the United States, the processes of government procurement enable federal, state and local government bodies in the country to acquire goods, services (including construction), and interests in real property. [1] Contracting with the federal government or with state and local public bodies enables interested businesses to become suppliers in ...