Good evening FUN with the FAR Friends!
Thank you for joining us for another great episode of FUN with the FAR! Episode 20 covered: FAR Part 34 (Major System Acquisition) and FAR Part 35 (Research and Development Contracting)
As a follow-up to Wednesday’s session, here are a few facts to ponder as we prepare for our next session of Fun with the FAR:
DID YOU KNOW?
An Earned Value Management System (EVMS) is required for major acquisitions for development, in accordance with OMB Circular A-11. FAR 34.201(a).
DID YOU KNOW?
As a general rule, Contractors must submit EVMS reports to the Government on a monthly basis. FAR 34.201(c).
DID YOU KNOW?
During the negotiation of R&D contracts, the contracting officer shall obtain “complete information” concerning the prime contractor’s plans to subcontract any experimental, research, or development services required under the statement of work. FAR 35.009.
DID YOU KNOW?
Subcontracting under an R&D contract, generally requires the contracting officer’s prior written approval. FAR 35.009.
DID YOU KNOW?
The National Science Foundation maintains a master list of all FFRDCs. FAR 35.017-6.