3 Jan 2025
📜Business Implications of Federal Acquisition Regulation FAC 2025-03
Federal Acquisition Regulation; Federal Acquisition Circular 2025-03; Introduction
Summary
This document summarizes the Federal Acquisition Regulation (FAR) rules agreed to by the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) in this Federal Acquisition Circular (FAC) 2025-03. A companion document, the Small Entity Compliance Guide (SECG), follows this FAC.
Agencies
- Defense Department
- General Services Administration
- National Aeronautics and Space Administration
Business Impact
$$ - Med
The content relates to compliance and regulatory requirements under the Federal Acquisition Regulation (FAR), affecting procurement and subcontracting processes for businesses, particularly small entities. Changes outlined may enhance transparency and impact businesses’ ability to engage with government contracts.