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The Federal Acquisition Regulation (FAR) is the primary regulation for use by all executive agencies in their acquisition of supplies and services with appropriated funds. The FAR, which is codified in Title 48 of the Code of Federal Regulations (C.F.R.), generally governs acquisitions of goods and services by executive branch agencies. This document summarizes the Federal Acquisition Regulation (FAR) rules agreed to by OFPP, DoD, GSA, and NASA (collectively referred to as the Federal Acquisition Regulatory Council) in this Federal Acquisition Circular (FAC) 2026-01.
Context Explanation
Federal Acquisition Regulation (FAR) The FAR provides uniform acquisition policies and procedures for use by all Executive agencies. An electronic version of the official FAR is available at www.ecfr.gov, under Title 48, Chapter 1. The GSA version of the FAR is available at www.acquisition.gov. If you’re a federal contractor, at some point you will be faced with understanding—and complying with—the Federal Acquisition Regulation (FAR).
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Insight Material
In this guide, you’ll learn the basics of what the FAR is and get an understanding of a few of the most important parts of the regulation.