Title 41 of the Code of Federal Regulations (CFR), titled “Public Contracts and Property Management,” encompasses regulations that govern federal procurement and property management policies in the United States. Administered by the Federal Acquisition Regulatory Council (FAR Council), which includes representatives from various federal agencies, Title 41 CFR establishes uniform policies and procedures for acquiring goods, services, and property by federal agencies.
Here are key areas typically covered in Title 41 CFR:
- Federal Procurement: Regulations governing the acquisition of goods and services by federal agencies through competitive bidding, contracting methods, and procurement procedures. This includes rules for soliciting bids, evaluating proposals, awarding contracts, and managing contractor performance.
- Contract Administration: Guidelines for administering federal contracts, including terms and conditions, contract modifications, subcontracting requirements, and compliance with contract specifications and federal acquisition regulations.
- Federal Acquisition Regulations (FAR): The Federal Acquisition Regulation (FAR) is a primary component of Title 41 CFR, which provides comprehensive guidance on procurement policies, procedures, and practices for federal agencies. The FAR covers a wide range of topics, including acquisition planning, contract formation, pricing, ethics and compliance, small business programs, and socioeconomic policies.
- Property Management: Regulations concerning the acquisition, utilization, management, and disposal of federal property, including real property (land and buildings) and personal property (equipment, supplies, and vehicles). This includes rules for inventory control, maintenance, utilization reviews, and property disposal procedures.
Be the first to review “Code of Federal Regulations, Title 41 Public Contracts and Property Management 1-100, Revised as of July 1, 2023”