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Posts by Paul Costopulos

Six Types of FAR Government Contracts

The Federal Acquisition Regulation is the principal set of rules regarding government procurement in the United States. This set of rules covers many of the contracts issued by the US military and NASA, as well as US civilian federal agencies. The government uses federal contracts as a procurement mechanism to purchase goods or services from contractors. These contracts are governed by a strict set of terms and conditions, including clauses from the FAR.

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