Hello and thank you for joining us for our first three Episodes of Fun with the FAR Season 10!
Our next session will cover: Part 7 (Acquisition Planning), Part 10 (Market Research) & Part 11 (Describing Agency Needs) .
As we prepare for next week’s fourth episode of Season 10, here are a few FAR Facts for us to think about:
- Agencies are required to perform market research and acquisition planning for ALL acquisitions. FAR 7.102(a).
- There are 13 key milestones that occur during an acquisition. FAR 7.105(b)(21).
- The Federal Government is prohibited from executing contracts for the performance of inherently government functions. FAR 7.503(a).
- Certain contracts issued by the Government may require contractors to perform market research to find commercial item subcontractors to fulfill the needs of the Government. FAR 10.003; FAR 52.210-1.
- As a general rule, the Government is not permitted to establish a requirement for a particular brand name product, or a feature of a product peculiar to one manufacturer. FAR 11.105. The establishment of a brand name “or equivalent” requirement as established at FAR 11.104, however, is permissible.
- Contracting officers are required to take all reasonable steps to mitigate liquidated damages (i.e., Government should not delay in moving to a termination for default process vs. assessing multiple liquidated damages claims when doing so will prevent excess losses to the contractor). FAR 11.501(c).
We look forward to you joining us for Episode 4, which will cover FAR Part 7 FAR Part 10 & FAR Part 11!
Included here is the link to our Fun with the FAR program:
