FAR Part 15 (Contracting by Negotiation)

FAR Part 15 (Contracting by Negotiation) is a section of federal acquisition rules that guides how government agencies negotiate contracts with suppliers. It emphasizes a fair, transparent process where agencies discuss and adjust terms directly with vendors to get the best value and performance. This approach is often used for complex or high-value contracts, allowing flexibility to tailor agreements to specific needs. The process includes steps like proposal evaluation, discussions, and negotiations, ensuring competition and fairness while aiming for efficient, mutually beneficial agreements between the government and contractors.