CLE
ON-DEMAND

Government Contracting CLE: A Guide to Federal Acquisition Regulations

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13 Nov, 2024 | 
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60mins
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Virtual event
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1.0 General

This CLE course provides a deep dive into the Federal Acquisition Regulations (FAR), the primary set of rules governing the acquisition process for federal contracts. FAR is a constantly evolving and complex set of regulations that govern over $200 billion worth of trade. For companies engaging with the federal government, compliance is critical to their success. In-house counsel must therefore develop and maintain a strong working knowledge to effectively navigate intricacies and mitigate the risks of this regulation. 

Attendees of this continuing legal education course will receive a comprehensive overview of the FAR, including key clauses and their implications. They will also learn best practices when it comes to reporting and dispute resolution. Finally, this CLE will also touch on the latest market trends and FAR updates so even those who are savvy in government contracting can benefit from attending. 

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Dont miss this opportunity to gain valuable insights and strategies from leading experts in the field. Register now to secure your spot. 

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Government Contracting CLE Agenda

  • Federal Acquisition Regulations (FAR)

    • Purpose and scope of the FAR
    • Understanding the system: 53 parts organized into 8 subject matter areas
      • Parts 1- 4: General
      • Parts 5 – 12: Competition and Acquisition Planning
      • Parts 13 - 18: Contracting Methods and Types
      • Parts 19 - 26: Socioeconomic Programs
      • Parts 27 - 33: Contracting Requirements (Cost Principles)
      • Parts 34 - 41: Special Categories
      • Parts 42 - 51: Contract Management
      • Parts 52 - 53: Clauses and Forms
  • What is Governed by the FAR?

    • Commonly used clauses including Termination for Convenience/Default and Changes Clauses
    • Subcontractor vs Vendor Obligations
      • Subcontractor performance obligations directly related to the prime contract and subject to flow-down clauses from FAR. 
      • Vendors typically provides commercial products or services without the same obligations as a subcontractor; may not be subject to certain FAR clauses
  • Compliance and Reporting Requirements

    • Compliance obligations for contractors
    • Ensuring adherence to ethical standards (anti-kickback or Buy American Act, etc.)
  • Bid Protests and Disputes

    • REA (Request for Equitable Adjustment) to adjust contract terms due to unforeseen circumstances or changes in scope. 
    • Alternative Dispute Resolution (ADR) Mechanisms
  • Hot Regulations and Resources

    • Latest FAR developments
    • New amendments targeting emerging risks like data security and sustainability
    • FAR Council and popular Industry Associations for lawyers and legal professional
  • Q&A

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