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Overview of the Federal Procurement Process and Resources

Overview of the Federal Procurement Process and Resources Updated January 12, 2021 Congressional Research Service RS22536 Overview of the Federal Procurement Process and Resources Congressional Research Service Summary In the basic Federal Procurement Process , acquisition personnel, after determining their agencies requirements (that is, the goods and services the agencies need), post solicitations on the Federal government s website. Interested companies prepare their offers in response to the solicitations, and, in accordance with applicable provisions of the Federal Acquisition Regulation (FAR), agency personnel evaluate the offers. Another type of Procurement opportunity for a company is to serve as a subcontractor for a government contractor.

Jan 12, 2021 · the federal procurement process and resources that may be used in that process. Overview of Federal Government Procurement Federal Acquisition Regulation (FAR) The primary source of federal procurement information and guidance is the Federal Acquisition Regulation, which consists of Parts 1-53 of Title 48 of the Code of Federal Regulations (C.F ...

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