Federal Acquisition Regulations (FAR) apply to all federal contracting, and are used by all federal agencies when they purchase supplies or services. Every solicitation will cite these regulations. The FAR is divided into 52 sub-sections, each dealing with a specific aspect of federal acquisition law.
In addition, each federal agency can issue its own supplements. For example, the Department of Defense’s Supplemental Regulations are known as the DFARS
| FAR | Federal Acquisition Regulations
Regulations governing federal purchasing. May be supplemented by specific agency regulations. (See also GSAM and DFARS) |
| FAT | First Article Testing
Agency may require FAT for some items. |
| FBO | Federal Business Opportunities
Website listing federal contract opportunities estimated to be valued at $25,000 and above. |
| FEMP | Federal Energy Management Program
Dept of Energy environmental program |
| FFP | Firm Fixed Price
The awarded price is fixed for the life of the contract. |
| FOB Destination
FOB Origin |
Free on Board (Also known as Freight on Board.)
FOB Destination indicates that the contractor will pay all charges to the specified point of delivery. FOB Origin indicates that freight is pre-paid by the contractor. |
| FPDS | Federal Procurement Data System
With a few exceptions, all federal contracts over $3,000 must be reported to this site. A great source for market research. |
| FPI | Federal Prison Industries
A US government corporation that uses inmate labor to produce goods and services which may only be sold to federal government agencies. (See UNICOR) |
| FSC | Federal Supply Classification
Codes used to classify products |
| FSS | Federal Supply Schedules
GSA’s schedules program (see GSA) |
| FTR | Federal Travel Regulations
Regulations governing federal travel |