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AMENDMENT NUMBER 2 CONTRACT Y151093B, HEAVY EQUIPMENT PARTS & LABOR Effective date: August 7, 2017, a. This amendment increases the estimated contract amount by $30,000; from $266,450 to $296,450.b.
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Federal Acquisition Regulation (FAR) contracts are contracts governed by the regulations issued by the Federal Acquisition Regulation Council.
Contractors who are working with the federal government and have contracts that fall under FAR regulations are required to file federal acquisition regulation contracts.
Federal acquisition regulation contracts can be filled out by following the guidelines set forth in the FAR regulations and submitting the required information and forms.
The purpose of federal acquisition regulation contracts is to ensure that government contracts are executed in a fair and transparent manner, and to provide guidelines for the procurement process.
Information such as contract details, pricing, terms and conditions, subcontractor information, and other relevant data must be reported on federal acquisition regulation contracts.
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