Fun with the FAR Part 49

1. Prime contractors are required to use guidance in FAR Part 49 to settle subcontracts terminated as a result of modification/termination of a prime contract. FAR 49.002(b). 2. A contracting officer must obtain the prior approval of his/her “contracting office” prior...

Fun with the FAR Parts 45, 46, & 47

1. As a general rule, contractors are ordinarily required to furnish all property necessary to perform Government contracts. A contractor’s inability or unwillingness to supply its own resources is not sufficient reason for the furnishing or acquisition of Government...

Fun with the FAR Part 44

1. The subcontractor consent and advance notification requirements in Subpart 44.2 are not applicable to prime contracts for commercial items acquired pursuant to Part 12. FAR 44.000. 2. When required, subcontract consent should be requested from the contracting...

Fun with the FAR Part 42

1. For contractors other than educational institutions and nonprofit organizations, the “cognizant” Federal agency normally will be the agency with the largest dollar amount of contracts, including options. FAR 42.003(a). 2. Once a Federal agency assumes cognizance...