FAR too complicated? Procurement rules hurt contracting, report says
Source: Fed Times
The Federal Acquisition Regulation, the principal set of rules that steer $600 billion each year in federal contracting, is as long as the entire Harry Potter series combined — and arguably less enchanting.
As in the case of J.K. Rowling’s hit novels, length is not necessarily a bad thing. When it comes to the words that dictate what and how the government can buy goods and services, less is more, according to a report by Bidscale, a market-intelligence company that offers software to help accelerate federal contracts.
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