For any small business pursuing and performing work on federal projects, understanding the Federal Acquisition Regulation (FAR) is an absolute must – not only from a compliance perspective but also from cost and performance perspectives. As such, understanding the FAR will help you stay profitable and manage your performance as well as the performance of sub-contractors.
In this e-course:
- we provide a breakdown of the most important sections of the FAR for small businesses;
- show you how to navigate the FAR as well as how to access and navigate FAR supplements such as the DFARS, VAAR, or other agency-specific supplements, and
- discuss some of the finer details of the FAR, such as the difference between provisions, prescriptions, and clauses, the anatomy of the FAR, the meaning of “incorporated by reference,” and how to find those references.