What is the Federal Acquisition Service
FAS serves as the acquisition and procurement arm of the federal government, offering equipment, supplies, telecommunications, and integrated information technology solutions to federal agencies so that the agencies can focus on doing what they do best—serving the public..
What is the difference between procurement and acquisition
When used as nouns, acquisition means the act or process of acquiring, whereas procurement means the purchasing department of a company.
What is the role of the General Services Administration
GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government-wide cost-minimizing policies and other management tasks.
Who is the head of the General Services Administration
MurphyEmily W. Murphy was nominated by President Donald J. Trump to lead the U.S. General Services Administration. She was confirmed unanimously by the U.S. Senate and sworn in as the administrator of GSA on December 12, 2017.
What is a GSA contract with the federal government
Schedules, also known as Federal Supply Schedules, and Multiple Award Schedules (MAS), are long-term governmentwide contracts with commercial companies that provide access to millions of commercial products and services at fair and reasonable prices to the government.
What exactly is procurement
Procurement is the act of obtaining goods or services, typically for business purposes. … Procurement generally refers to the final act of purchasing but it can also include the procurement process overall which can be critically important for companies leading up to their final purchasing decision.
What are the steps in the acquisition planning process
Step 1 – Requirements Definition.Step 2 – Acquisition Strategy.Step 3 – Request for Proposal.Step 4 – Evaluation Phase.Step 4 – Alt 1 (without discussions)Step 4 – Alt 2 (with discussions)Step 5 – Contract Award.
What is difference between FAR and DFAR clauses
DFARS means Defense Federal Acquisition Regulation Supplement. … The DoD CIO is a reporting authority under the DFARS clause 252.204-7012. FAR stands for Federal Acquisition Regulation and is the set of regulations governing all acquisitions and contracting procedures in the Federal government.
What is included in an acquisition plan
An Acquisition Plan is a plan that documents all cost, schedule, technical, business, management, and other considerations that will govern an acquisition program and is derived from the Acquisition Strategy. It summarizes the acquisition planning discussions and identifies milestones in the acquisition process.
What is an acquisition strategy
The Acquisition Strategy is the Program Managers guiding document for program execution across the entire program life cycle. … The Acquisition Strategy defines the relationship between the acquisition phases and work efforts, and key program events such as decision points and reviews.
What is types of procurement
There are four main types of procurement organisation – strategic, supportive, commercial and clerical.
What is acquisition and example
The definition of an acquisition is the act of getting or receiving something, or the item that was received. An example of an acquisition is the purchase of a house.
How does the government define acquisition
Acquisition means the acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated.
What are the five key components of the acquisition process
Here are five steps that taught me how to make the acquisition process easier:Sell your company before it’s for sale. … Upgrade your team. … Prepare for due diligence before a deal arises. … Review your key client contracts. … Think of what you want next.
What is the purpose of the Federal Acquisition Regulation
The Federal Acquisition Regulations System is established for the codification and publication of uniform policies and procedures for acquisition by all executive agencies.