Contracts: Federal Acquisitions Regulations (FAR) requirements

The Federal Acquisition Regulation (FAR) governs the acquisition process for Federal Contracts by which the government purchases goods and services. The UC requires suppliers adhere to certain Federal Flowdown provisions, which the campus Buyer will insert into every Contract-funded purchase order/contract exceeding $9,999.99.

• Competitive Bidding requirements for Federal Contracts are governed by 48, CFR, subpart 6.1; which states we must promote and provide full and open competition for acquisitions using federal funds.
• Certified Small Businesses may be used in lieu of competition on a Federal Contract up to $149.999.99, per FAR, Subpart 19.5, Set-Asides for Small Business.
• See below for information regarding the FFATA Act, which currently only applies to "vendor agreements" (purchase orders) for Contracts.