How is the federal acquisition regulation going to affect future acquisition managers.

Abstract

The objectives of this research are: (1) to review the initial development and drafting process of the Federal Acquisition Regulation (FAR) , (2) to determine the extent of progress that has been achieved thus far, (3) to identify some of the handicaps now being encountered in the drafting of the FAR, (4) to evaluate and compare the FAR coverage in light of what it will supersede and (5) to evaluate the impact of these elements on future acquisition managers. The result of this research indicates that the impact on acquisition managers in the way they conduct business will be minor to moderate at most. The FAR will not radically change the way procurement is being done, it will provide those involved with a better regulation with which to do their job. Those that are familiar with the current acquisition regulations will have no problems in transitioning to the FAR since the basic procedures and policies have not been changed, only improved and made more comprehendable.