FAR Part 2 – Definitions of Words and Terms

E1008657

FAR Part 2 – Definitions of Words and Terms is the section of the Federal Acquisition Regulation that provides standardized definitions for key terms used throughout federal procurement regulations and contracts.

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Statements (49)

Predicate Object
instanceOf FAR part
legal definition section
appliesTo all FAR parts unless otherwise specified
defines United States NERFINISHED
acquisition
claim
commercial product
commercial service
component
contract
contract action
contracting officer
contractor
cost or pricing data
delivery order
equitable adjustment
governmentwide commercial purchase card
inherently governmental function
major system
micro-purchase threshold
nondevelopmental item
offeror
performance-based acquisition
services
simplified acquisition threshold
small business concern
solicitation
subcontract
supplies
task order
governs interpretation of defined terms in federal contracts
hasAbbreviation FAR Part 2 NERFINISHED
hasLegalStatus binding regulation for executive agencies
hasPurpose to ensure consistent use of terms in federal acquisition
to reduce ambiguity in procurement regulations
isAuthoritativeFor interpretation of FAR terminology
isCitedIn federal contracts
federal solicitations
isIssuedBy Federal Acquisition Regulatory Council NERFINISHED
isMaintainedBy Department of Defense NERFINISHED
General Services Administration NERFINISHED
National Aeronautics and Space Administration NERFINISHED
isPublishedIn Title 48 of the Code of Federal Regulations NERFINISHED
isUsedBy contracting officers
federal acquisition professionals
federal contractors
partOf Federal Acquisition Regulation NERFINISHED
provides standardized definitions of words and terms
regulates federal procurement terminology

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Federal Acquisition Regulation hasPart FAR Part 2 – Definitions of Words and Terms