What is the focus of FAR Part 38?

FAR Part 38 specifically focuses on Federal Supply Schedule (FSS) contracting, which is central to the procurement process used by federal agencies to acquire goods and services. This part of the FAR establishes the framework for the General Services Administration (GSA) to provide a streamlined purchasing method for federal agencies, allowing them to efficiently procure items from a pre-approved list of suppliers. FSS contracts simplify the buying process, facilitate access to a wide range of products, and are designed to leverage the purchasing power of the federal government.

The emphasis on FSS contracting is significant because it allows agencies to obtain supplies and services at established prices, thereby ensuring a level of cost containment and efficiency. Understanding the provisions of FAR Part 38 is crucial for those involved in federal procurement, as it outlines the specific policies and practices that govern the use of these schedules.

In contrast, the other choices pertain to different aspects of federal procurement: major systems acquisition relates to the acquisition of significant systems projects, contract financing addresses the provision of funds to support contract execution, and service contracting involves the procurement of various services rather than goods. Each of these areas is governed by different sections of the FAR, underscoring the broad and specialized nature of federal acquisition regulations.