The Acquisition Team

Opportunity: Supply of Air Condition

Summary of the FAR Provisions for Acquisition Team

The Federal Acquisition Regulation’s (FAR) dissemination in 1984 reflected Congress' efforts to create a uniform structure for Executive Branch federal contracting. Before introduction of the FAR, the defense services and civilian agencies had their own set of regulations. Codified at Title 48 of the Code of Federal Regulations, the FAR, consists of rules and regulations set by the US government that governs the government procurement processes. It contains the standardized policies and procedures for acquisitions by all federal agencies. This goal of standardization has been destabilized by the several agency-specific supplements implemented after circulation of the FAR (Vacketta. 1999). It implements nearly every executive policy related to procurement. The FAR accomplishes every stage of the acquisition process.

FAR 1.102 (d) states: “The role of each member of the Acquisition Team is to exercise personal initiative and sound business judgment in providing the best value product or service to meet the customer’s needs (“Responding to,” 2012). It explains the procedure and scope of the acquisition team, which consists of government team members that are responsible for integrating tasks requirement and contracting negotiations, such as the requiring activity, financial management, the contracting officer, the paying agent team, and others.

Summary of Opportunity

Opportunity is defined as the time and occasion that present favorable condition to attain specific goals. The details of opportunity identified on FedBizOpps.GOV are presented below:

a. Opportunity title / project location: Supply of Air Condition to American Embassy at Kathmandu, Nepal

b. Solicitation Number: SNP40012R(1799238)(1875456)

c. Agency: U.S. Department of State

d. Office: Near East & South Asia Posts

e. [Office] Location: American Embassy Kathmandu, Nepal

f. URL:...