Contracts and procurement

The Federal Acquisition Regulations (FAR) are the guiding principles for conducting business with the government. Locate a copy of the FAR at the following link:

https://www.acquisition.gov/Far/

• Describe the FAR and the relationship between the federal budgetary and acquisition systems.
• What are some inherent areas of concern?
• Is there anything you would add to the FAR?

APA Format 6 paragraphs, in-text citation and reference list to include detailed references; page numbers;  or website; etc.