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7 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Why was the Federal Acquisition Regulations System established? |
For the codification and publication of uniform policies for acquisition by all agencies. |
Two parts |
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Federal Acquisition Regulations System consist of what two parts? |
(1) The FAR and (2) Agency acquisition regulations that implement or supplement the FAR. The FAR is the primay doc. |
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The Vision or statement of Guiding Principles of the Federal Acquisition System? |
To deliver on a timely basis the best value product or service… while maintaining the public’s trust and fulfilling public policy objectives. |
Deliver _____ while maintaining _______, and fulfilling ______! |
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Federal Acquisition System’s Performace Standards |
The Federal Acquisition System will: 1. Satisfy the customer in terms of cost, quality, and timeline. 2.Minimize Admin Cost. 3. Fulfill public policy objectives |
FAR 1.102-2 |
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Acquisition Team |
All participants in the government acquisition (Technical, supply, procurement community, customers, and the contractor). |
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Role of the Acquisition Team |
Empowered to make decisions and act within their Atwood responsibility. Authority and Accountability delegated to the lowest level allowed by law. |
FAR 1.102-4 |
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When is a action not prohibited? |
When in the best interest of government and not addressed in the FAR or prohibited by law, executive order, or regulation. Absence of direction should be interpreted as permissible. |
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