US annual defense procurement is at the heart of a $ 900 billion industry driven by expert defense procurement specialists in US federal agencies and private sector defense suppliers.
For these defense specialists on both sides of supply contract negotiations, searching the Defense Federal Acquisition Regulation Supplement (DFARS) has been a daily challenge.
“The Defense Acquisition System exists to manage the nation’s investments in technologies, programs, and product support necessary to achieve the National Security Strategy and support the United States Armed Forces. Our investment strategy is designed to support not only today’s force, but also the next force, and future forces.” — US Government Defense Procurement and Acquisition Policy (DPAP).
The DPAP Mission spells out a commitment to best-practice defense procurement processes to ensure good and proper utilization of tax-payers’ money.
The Defense Federal Acquisition Regulation Supplement (DFARS) sets out those best practice contract requirements for all defense procurement from private suppliers.
Any company selling to a US federal agency needs to comply with over 1800 pages of rules in the Federal Acquisition Regulation (FAR). Suppliers to Defense agencies also need to comply with the Defense Federal Acquisition Regulation Supplement (DFARS).
While the policy objective is positive, the 1000+ pages of DFARS procurement rules can be complex and challenging to search quickly and easily. The challenge is real, but the business need is critical because by law all defense supply contracts must comply with DFARS requirements.
Finding and understanding critical clauses in DFARS has traditionally been laborious and time-consuming. This has all changed now that DFARS is available through FAR Online.
This new service has been transforming the way businesses understand and comply with the US Federal Acquisition Regulation (FAR) has now been extended to include US Defense procurement.
Defense procurement specialists and private sector defense suppliers can now find, understand and search the Defense Federal Acquisition Regulation Supplement (DFARS) at http://www.faronline.com.The service features an online Intelligent Document Format (IDF) that provides easy access, pop-up definitions, intelligent cross-linking and powerful search capabilities that were previously impossible. DFARS is also dynamically linked to the FAR Regulations providing a seamless transition between both regulations
The FAR Online service is powered by Affinitext. Over $ 130 Billion in major projects worldwide in defense and other sectors use Affinitext to reduce costs and improve procurement, knowledge access and compliance management throughout the full life of a major project.