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Summary LEG440 Assignment1.docx LEG 440 Assignment 1: Contracting and the FAR LEG 440: Contract and Procurement Law The Federal Acquisition Regulation (FAR) is the referring body of rules and regulations used by all executive agencies in their procurement $7.49
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Summary LEG440 Assignment1.docx LEG 440 Assignment 1: Contracting and the FAR LEG 440: Contract and Procurement Law The Federal Acquisition Regulation (FAR) is the referring body of rules and regulations used by all executive agencies in their procurement
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LEG440 A LEG 440 Assignment 1: Contracting and the FAR LEG 440: Contract and Procurement Law The Federal Acquisition Regulation (FAR) is the referring body of rules and regulations used by all executive agencies in their procurement of supplies and services, and became effective on April 1, ...
leg440 assignment1docx leg 440 assignment 1 contracting and the far leg 440 contract and procurement law the federal acquisition regulation far is the referring body of rules and regulatio
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LEG 440
Assignment 1: Contracting and the FAR
LEG 440: Contract and Procurement Law
The Federal Acquisition Regulation (FAR) is the referring body of rules and regulations
used by all executive agencies in their procurement of supplies and services, and became
effective on April 1, 1984. (Manuel et al., 2015) When government agencies want to procure
goods and services, they need do it through means outlined in the FAR. The FAR includes
provisions for the procurement and solicitation of virtually everything imaginable, from
office supplies to aircraft carriers, making the US government the largest single purchaser of
goods and services on the planet. This paper will address whether the FAR regulations offer
adequate protection of the collective buying power of the American people, and whether or
not the executive branch is the proper branch to effectuate change that would provide checks
and balances for the purchase of goods and services.
There are many aspects of the FAR and the uniform contract code that ensure a fair and
level playing field to promote full and open competition to any American interested in
buying or selling to the US Government. The FAR is codified into 53 different parts, with
each addressing
a specific aspect of the acquisition process According to the Congressional Research
Service, “many (although not all) acquisitions by executive branch agencies are subject to
the Federal Acquisition Regulation (FAR), which can make the FAR a topic of interest to
Members and committees of Congress and their staff. In particular, members, committees,
and staff may find themselves (1) considering or drafting legislation that would amend the
FAR to save money, promote transparency, or further other public policies; (2) conducting
oversight of executive agencies’ performance in procuring goods and services; and (3)
Ongoing congressional oversight on the topic of FAR proves the executive branch to be the
most effective branch of government that can keep up with the ever changing landscape in
the procurement of
goods and services by the federal government. The most preferred acquisition method used
by the federal government is sealed bidding. This method allows suppliers or contractors to
submit their lowest possible bid in sealed covers which are then opened at an agreed upon
date and time. The lowest responsive bidder wins the contract, and a responsive bidder is one
who must have
the capacity and ability to complete the work as defined by the contract. (Johnson et al.,
2013) Provided he or she respond to a bid in a timely fashion demonstrate every American
can win government contracts.
Because small businesses represent the backbone of the U.S. economy, the federal
government levels the playing field of those vying for contracting opportunities by
recognizing the need for sustained job creation and technical innovation in the U.S.
economy. The federal government encourages and nurtures such domestic enterprises
through federal contracts. Since the FAR is the blueprint by which most of these contracts
must abide by, it contains the outlines of various preference programs that aim to level the
playing field of contracts sought between large corporations and small businesses alike.
Every single agency must fulfill certain obligations in order to create a competitive balance
between corporations vying for contracts that could ultimately be performed by small
working firms. The reason being FAR outlaws’ discrimination on the basis of their race,
color, sex, religion, or nationality, thus ensuring equal opportunity to all and promotes
affirmative action against contractors who exemplify discriminatory practices. As of
January 2014, the federal government's small business preference programs include Small
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