This course covers Federal Acquisition Regulation (FAR) Fundamentals (Parts 1-53) and the Defense Federal Acquisition Regulation Supplement (DFARS). Provides a framework for understanding and interpreting the FAR and DFARS structure. Introduces the following basic principles of government contracting: Basic government contracting by using the FAR and DFARS. Features Contract Administration and Special Contracting Areas. Part II of II.

Uses the American National Standards Institute (ANSI) accredited Contract Management Standard (CMS) developed by the National Contract Management Association (NCMA) as a foundation and framework for understanding the FAR and its alignment to the CMS within the federal acquisition lifecycle.