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FAR - Federal Acquisition Regulation

Federal Acquisition Regulation (FAR) is a set of rules and guidelines established by the U.S. government to regulate the procurement process for federal agencies. FAR provides a standardized framework for acquiring goods and services, ensuring fairness, competition, and transparency in government contracting. Understanding FAR is crucial for contractors and organizations seeking to do business with the federal government, as compliance is necessary for successful bidding and contract management.

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