SU-100 – Introduction to the Federal Acquisition Regulation (FAR)
While the Federal Acquisition Regulation (FAR) can be an intimidating document, understanding how to navigate and interpret this document is important if you are intent on competing in the federal arena.
The FAR is the rule book written for and used by federal agencies when planning, developing, soliciting, awarding, administering and ultimately closing out of contracts. Although not written for you, the FAR guides and directs federal agencies in performance of their duties which will clearly affect you as a competitor or contractor.
The central focus of this course is to explore key FAR parts so you may better understand and appreciate how they may affect you during competitive and performance phases of an acquisition. In addition, it may surprise you to learn the FAR is not the single-most document used by the federal acquisition workforce during the procurement process. You will learn about other documents used in conjunction with the FAR and the role they play in the solicitation, award, and performance of a contract.
What you will learn in this course:
- How the FAR is organized and how it is used by the federal acquisition workforce
- Terms and definitions and available resources to increase your knowledge of federal contacting
- The effect specific FAR parts have on competing and post-award performance issues
- How to navigate the FAR to find often elusive information
- The value of other information not found in FAR and how it is used in conjunction with the FAR
- How to research the FAR