Federal Acquisition Regulatory Reviews
Subpart 3.101-1 of the Federal Acquisition Regulation (FAR) begins with the following statement:
Government business shall be conducted in a manner above reproach and, except as authorized by statute or regulation, with complete impartiality and with preferential treatment for none. Transactions relating to the expenditure of public funds require the highest degree of public trust and an impeccable standard of conduct. The general rule is to avoid strictly any conflict of interest or even the appearance of a conflict of interest in Government-contractor relationships.
There are thousands of pages of Federal Acquisition Regulations that are constantly being updated as a result of the government’s efforts to enforce this statement.
Organizations may unintentionally violate FAR without ever being aware of their need to comply. Many times an organization agrees to comply with FAR by accepting another firm’s purchase order terms and conditions requiring FAR compliance.
C. A. Services can provide the assistance necessary to review current agreements and processes to verify FAR compliance and proper government reporting of its activities.
Becoming comfortable dealing with government contracts and agreements can greatly broaden an organization’s market base while at the same time protecting it from unknowingly accepting uncalculated risks