48 CFR 3001.102 - 3001.102 Statement of Guiding Principles for the Federal Acquisition System.

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Regulations last checked for updates: Dec 19, 2025

Title 48 - Federal Acquisition Regulations System last revised: Dec 02, 2025

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View all text of Subpart 3001.1 [3001.101 - 3001.106]

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