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1. INTRODUCTIONReferences:a. Federal Acquisition Regulation (FAR), Part 13 Simplified Acquisition Procedures. Defense Federal Acquisition Regulation Supplement (DEARS), Part 213.301 Government wide
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Federal Acquisition Regulation (FAR) is a set of rules and guidelines that govern the acquisition process for federal agencies.
Government contractors and vendors who do business with federal agencies are required to comply with FAR regulations.
To fill out FAR, contractors must follow the guidelines outlined in the regulation and ensure all required information is accurately reported.
The purpose of FAR is to ensure that federal agencies acquire goods and services in a fair, transparent, and cost-effective manner.
Information such as pricing, contract terms, and performance evaluations must be reported on FAR.
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