What does FAC mean in UNCLASSIFIED
Federal Acquisition Circular (FAC) is an official document published by the United States federal government to inform contracting officers about regulatory changes in the Federal Acquisition Regulation (FAR). It serves as a reference for federal acquisition policy, procedures, and contractor requirements. The FAR defines all rules and regulations which govern how federal agencies contract for goods and services. The FAC identifies any modifications or updates to the FAR on an annual basis, making it more concise and easier to access than the full FAR itself.
FAC meaning in Unclassified in Miscellaneous
FAC mostly used in an acronym Unclassified in Category Miscellaneous that means Federal Acquisition Circular
Shorthand: FAC,
Full Form: Federal Acquisition Circular
For more information of "Federal Acquisition Circular", see the section below.
Essential Questions and Answers on Federal Acquisition Circular in "MISCELLANEOUS»UNFILED"
What is a Federal Acquisition Circular (FAC)?
A Federal Acquisition Circular (FAC) is a document issued by the Federal Procurement Policy Division of the Office of Governmentwide Policy (OGP) at the U.S. General Services Administration (GSA). FACs serve as compilations of policy rules, regulations, and changes pertaining to federal procurement programs in order to provide federal agencies with better access to up-to-date information.
How often are new Federal Acquisition Circulars issued?
New Federal Acquisition Circulars are typically issued twice per year, in June and December. However, they may be issued more or less frequently depending on the need for policy updates or changes.
What information does a Federal Acquisition Circular contain?
A Federal Acquisition Circular contains instructions regarding matters related to procurement including solicitation provisions and contract clauses as well as proposed revisions and amendments to existing programs. It also includes notices of meetings, solicitations for contractor feedback, innovative strategies for small business contracting initiatives, and other information pertinent to federal procurement.
Where can I find the most current version of a Federal Acquisition Circular?
The official versions of all published FACs can be found on acquire.gov – the GSA’s official website for federal acquisition regulations – under “Acquisition Resources” > “Federal Acquisition Regulations System” > “Federal Acquisition Publications” > “Federal Acquisitions Circulars”.
Can I view historical versions of past FACs?
Yes! Historical versions of past FACs can be downloaded from the GSA Archives webpage archives.gov/publications/fedreg-acqrul-archives/. They are listed by title as well as chronologically by year and month in which they were originally published or amended.
Who is responsible for creating and issuing new Federal Acquisition Circulars?
The Office of Governmentwide Policy (OGP) within the U.S. General Services Administration (GSA) is responsible for creating and issuing new FACs..
Are there any special considerations for citing different types of FAC items like parts or sections?
Yes! When citing parts or sections from different types of FAC items such as parts from amendment documents, directive documents, final rule documents, CICA documents or notice documents, each type requires its own unique identifier code depending on when it was published.
Can I make copies or redistribute previously issued FACs?
Unless you have obtained written permission from the OGP at GSA prior to doing so, copying or redistributing previously issued FACs is prohibited due to copyright restrictions.
Final Words:
In summary, Federal Acquisition Circular (FAC) is a document issued by the U.S. federal government that provides updates to federal acquisition policy, procedures, and contractor requirements. Regulations are modified or updated per year as determined in accordance with OMB Standards and directives from authorizing agencies for each fiscal year. Any agreements between a contracting officer or agency must abide by these regulations in order to be considered valid under U.S law.
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