Call us: 202-775-7240

Fun with the FAR Parts 1 & 2

1.      The ultimate customer of any Government contract is the “American taxpayer.” FAR 1.102-2(a)(1). 

 

2.      Contracting Officers are not required to eliminate all contract risk when executing or administering Government contracts.  FAR 1.102-2(c)(2). 

 

3.      The value of future option periods should always be taken into consideration when determining whether a contract meets a particular acquisition regulation “dollar threshold.”  FAR 1.108(c).

 

4.      A COR may be held personally liable for damages arising from “unauthorized acts.”  FAR 1.602-2(d)(7)(v).

Related Post

Episode 20: Did You Know?

DID YOU KNOW? FAR Part 34.201 requires an Earned Value Management System (EVMS) during development of a major acquisition system. This can be accomplished by using EVMS or Agile Program Management Systems, which are not closely compatible. Since the government often...

Did You Know? Fun with the FAR Session 15

By David Gallacher, Partner, Sheppard Mullin We had a great discussion on Fun with the FAR, Episode 15 on June 2, 2021 with host Steven Daoust discussing FAR Part 25, Foreign Acquisitions, with co-host David Gallacher (partner, Sheppard Mullin). We started talking...

Did You Know? Fun with the FAR Session 12

By Brett Egusa, Senior Legal Editor at Thomson Reuters Today we learned that the Federal Government has many unique and flexible contracting methods that it can use to fulfill special procurement needs. Under FAR 17.1 and 17.2, for example, we learn that the...