Federal Acquisition Regulation (2)

FAR requires executing agencies to purchase goods or services in accordance with the established process. In general, any acquisition which is made through the FAR process requires:

1. Through the capacity development process, consider the cost, benefit and the analysis of alternatives, and establish the organization or institutional requirements for acquisition.

2. Determine contract requirements and formulate acquisition strategies.

3. Evaluate supplier proposals, eliminate fuzzy and defects, and hand over contracts to specific suppliers according to established standards.

4. Review according to the supplier tenders or proposals.

5. Prohibit most forms of gifts or emoluments, including federal employee rebates and any possible conflict of interest that may arise.

6. Select officials is prohibited from seeking or obtaining job rewards.

7. Disclosure of source selection materials (supplier tenders or proposals) is prohibited.

FAR is the product of notification and comment process made by APA. Therefore, the above method which is determined in APA discussion will also apply to modifying FAR. If administrative revisions to FAR are not made, other transaction authority (OTA) can be considered. OTA can be faster than the traditional FAR acquisition method, which provide quick access to emerging and cutting-edge technologies, so that institutions can purchase goods and services for research, development and prototype design beyond the requirements of FAR.