Definitioner
FAR (Federal Acquisition Regulation)
Federal Acquisition Regulation. Published at 29 CFR Part 48, the FAR lists regulations that govern acquisition and procedures for federal agencies. Most federal agencies publish supplements to the FAR that contain further procedures governing the
agency's procurement's.
Contractor
The party performing the contract for the contracting agency.
Contract
A mutually-binding agreement or document between two or more parties. Federal contracting agencies may award contracts to private-sector companies (or other entities) for the purpose of acquiring goods, services, or construction at an agreed-upon price.
SCA (Service Contract Act)
McNamara-O'Hara Service Contracts Act of 1965 (as amended).The McNamara-O’Hara Service Contract Act requires contractors and subcontractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the wage rates and fringe benefits found prevailing in the locality, or the rates (including prospective increases) contained in a predecessor contractor's collective bargaining agreement. The Department of Labor issues wage determinations on a contract-by-contract basis in response to specific requests from contracting agencies. These determinations are incorporated into the contract.
