A study of the applicability or desirability of any management or procedural system from the
standpoint of advantages versus disadvantages in any given case.
Federal Acquisition Reform Act (FARA)
Division D of the 1996 National Defense Authorization Act (NDAA). It established exceptions
for Commercial Item (CI) acquisitions (e.g., from Truth in Negotiations Act (TINA)
requirements and Cost Accounting Standards (CASs)), authorized waiver of recoupment charges
in Foreign Military Sales (FMS) of major defense equipment, and repealed redundant
procurement ethics statutes.
Federal Acquisition Regulation (FAR)
The regulation for use by federal executive agencies for acquisition of supplies and services with
appropriated funds. The FAR is supplemented by DoD, the military departments, the Defense
Contract Audit Agency (DCAA), the Defense Information Systems Agency (DISA), and the
Defense Logistics Agency (DLA). The DoD supplement is called the DFARS (Defense FAR
Federal Business Opportunities System (FedBizOpps)
Electronic interface designed to be a single point of entry for federal buyers to publish, and for
vendors to find posted, federal business opportunities across departments and agencies. This
capability provides an easy data exchange interface between FedBizOpps and each buyer
agency’s electronic procurement system.
See Gross Federal Debt.
An identified aggregation of resources reviewed, approved, and managed as a distinct entity. The
proposed program must be developed within directed resource limitations and the approved
program must be implemented within specified resources.
Resource levels established for a particular program that provide a way by which the Office of
the Secretary of Defense (OSD), or the Service Headquarters (HQ), can exert functional
influence. May just as appropriately be called ceilings and floors that are used to protect