Which federal body is responsible for issuing the FAR?

Study for the Federal Acquisition Regulation (FAR) Test. Prepare with comprehensive flashcards and multiple-choice questions, each equipped with detailed hints and explanations. Master your exam!

The General Services Administration (GSA) is the federal body responsible for issuing the Federal Acquisition Regulation (FAR). The FAR serves as the primary regulation for federal procurement and provides a comprehensive set of rules and guidelines that govern the acquisition process across all federal agencies. The GSA's role includes managing and updating the FAR to ensure it remains current and effective in guiding federal procurement activities.

The GSA's responsibilities in this context include not just the issuance of the FAR, but also ensuring that it aligns with federal laws and policies, while promoting efficient and effective procurement practices. The GSA collaborates with other agencies and stakeholders to adapt and enhance the FAR in response to changing procurement needs and regulatory environments.

The other choices do not hold the responsibility for issuing the FAR. The Department of Defense focuses mainly on military procurement regulations, the Office of Management and Budget provides overall guidance on federal budgeting and management but does not issue the FAR, and the Department of Justice, while involved in legal aspects of procurement, does not manage the FAR.

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