FAR, DFARS, DEAR REGULATIONS
1. FAR : The Federal Acquisition Regulation (FAR) is a comprehensive set of rules issued by the U.S. federal government to govern the acquisition process of goods and services by federal agencies. The FAR provides guidelines and procedures for acquiring, negotiating, and managing contracts. It covers various aspects such as contract formation, competition requirements, contract administration, pricing, and more. The FAR is maintained by the Federal Acquisition Regulation Council (FAR Council), which consists of representatives from several federal agencies. 2. DFARS : The Defense Federal Acquisition Regulation Supplement (DFARS) is a supplement to the FAR that specifically applies to Department of Defense (DoD) acquisitions. It contains additional regulations and procedures tailored to the unique needs of defense contracts. The DFARS covers areas such as defense-specific contract clauses, cybersecurity requirements, source selection procedures, small business programs, and more....