FAR System definition
FAR System shall have the meaning set forth in Section 4.4(b).
FAR System means the FAR together with the Department of Defense Federal Acquisition Regulation Supplement and the other agency acquisition regulations that implement or supplement the FAR.
Examples of FAR System in a sentence
The Licensed Materials are licensed subject to Company’s standard commercial agreement (this Agreement); the Licensed Materials are “commercial” computer software or “commercial” items as defined by applicable acquisition regulations, including the Federal Acquisition Regulation (FAR) System, Title 48 of the Code of Federal Regulations.
The statute also impacts acquisition-related thresholds in the DFARS, since the DFARS is part of the FAR System.