Editor's Note: This post was originally published in 2020 and has been updated for accuracy and comprehensiveness as of July 2023.
The Federal Acquisition Regulations (FAR) lay the groundwork for how government solicitations and contracts are put together. And while it's true that the FAR is mainly written with government officials in mind - the ones crafting the contracts - it's a mistake for businesses to gloss over them.
After all, these regulations aren't just about compliance. Having a firm grasp of the FAR can tilt the scales in your favor in government contracting.