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The Business Journals: Former school campus in Far South Columbus hits the market for $4.2M Former school campus in Far South Columbus hits the market for $4.2M 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

Acquisition.gov is a comprehensive online platform developed by the General Services Administration (GSA) that serves as a central hub for acquisition-related information, policies, and tools. The main feature of Acquisition.gov is the FAR, the… Led by the Office of Federal Procurement Policy (OFPP) and the Federal Acquisition Regulatory Council (FAR Council), this initiative will return the FAR to its statutory roots, rewrite it in plain language, and remove most non-statutory rules. The Federal Acquisition Regulations System consists of the Federal Acquisition Regulation (FAR), which is the primary document, and agency acquisition regulations that implement or supplement the FAR. The FAR System does not include internal agency guidance of the type described in 1.301 (a) (2).