FAR Part 3 pertains to which of the following?

FAR Part 3 specifically addresses the issues related to improper business practices and personal conflicts of interest. This part outlines the responsibilities of federal employees and contractors to avoid situations that might lead to personal gain at the expense of the government. It emphasizes the importance of integrity and transparency in government contracting, establishing standards of conduct that help ensure that public officials act in the best interest of the government.

The part encompasses various aspects, including rules on procurement integrity, prohibitions against activities such as bribery and collusion, and guidelines on how to handle potential conflicts of interest that could arise during the procurement process. By focusing on these critical issues, FAR Part 3 aims to foster ethical behavior and maintain trust in the federal acquisition system.

The other options pertain to different aspects of the FAR; for instance, while publicizing contract actions is covered in FAR Part 5, required sources of supplies and services are addressed in FAR Part 8, and competition requirements fall under FAR Part 6. These distinctions highlight the specific focus of each FAR part and the structure of the regulations governing federal acquisitions.