FAR is a subsection of the Code of Federal Regulations. It sets rules for doing business with the Federal government. If studied properly, it will help potential providers know how the government must purchase goods.
The FAR is the Federal Acquisition Regulations which is just fancy for the government’s standard rule book – ‘How to Work With Us 101’. We recommend you read through it because this is pretty much the only thing that may prevent you from effectively working in this huge field.
Use sections of the FAR to find out definitions and terms, administrative matters, contractor qualifications, sealed bidding, small business programs, and much more. Bookmark this link for a quick reference to an electronic version of the FAR or download the full 1,923 pages here.A final note about the FAR – some agencies have supplements or additional regulations added to the FAR placing specific requirements to both contractors and contracting officers. The General Services Administration (GSA) and the Department of Defense (DoD) both have their own supplements to the FAR known as GSAM and DFARS respectively More agency supplements can be found here.