Iscussion Question 1 Week 1 Federal Acquisition Regulation (FAR)”

Activity
Go to edu/uscode/html/uscode10/01_10_10.
i §i Federal Property and Administrative Services Act of 1949 (FPASA), codified in 41 U.S.C. A§A§ 251-260, located at /htm.

From the Activity above, explain how each of the following legislative enactments is a foundation for government contract law and the federal acquisition process. Then discuss how knowledge of one of the Acts can help a manager make better decisions.

1. Armed Services Procurement Act of 1947 (ASPA), codified at 10 U.S.C. A§A§ 2301-2314

2. Federal Property and Administrative Services Act of 1949 (FPASA), codified in U.S.C. A§A§ 251-260

3. Competition in Contracting Act (CICA), codified in 41 U.S.C. 253

4. Discuss the key factors in each Act that demonstrates that the Acts are foundational components of government contract law and the federal acquisition process. Provide an example or scenario of each to support your response.