Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
3001.102 - 3001.102 Statement of Guiding Principles for the Federal Acquisition System.

(d) The FAR and this supplement are to be interpreted permissively, if consistent with statutory and regulatory requirements, policy, and sound professional judgment.

authority: 5 U.S.C. 301-302,41.S.C. 1707, 41 U.S.C. 1702,41.S.C. 1303(a)(2), 48 CFR part 1, subpart 1.3, and DHS Delegation Number 0702
source: 68 FR 67871, Dec. 4, 2003, unless otherwise noted.
cite as: 48 CFR 3001.102