Examples of FAIR Act in a sentence
In the “A-76 Action” data field, indicate if the contract action resulted from an A-76 / FAIR Act competitive sourcing process.
In the “Simplified Procedures for Certain Commercial Items” data field, indicate if the contract action utilized procedures under FAR 13.5.(J) In the “A-76 Action” data field, indicate if the contract action resulted from an A-76 / FAIR Act competitive sourcing process.
In the ‘A-76 (FAIR Act) Action’ data field, indicate if the contract action resulted from an A-76 / FAIR Act competitive sourcing process.
One is a statutory definition, enacted as part of the Federal Activities Inventory Reform (FAIR) Act of 1998.
Sometimes, specific functions are defined as inherently governmental without reference to the FAIR Act or the employees performing the functions at the time of the statute’s enactment.
This new base period could replace the base period that had prevailed under the FAIR Act of 1996 (i.e., 1993-1995) for the calculation of production flexibility contract payments.
The authority cited for issuing the Circular is the Budget and Accounting Act of 1921, 31 U.S.C. §§ 501-502; the Office of Federal Procurement Policy Act, 41 U.S.C. § 401 et seq.; and Federal Activities Inventory Reform (FAIR) Act of 1998, P.L. 105-270.
The FAIR Act defines an activity as inherently governmental when it is so intimately related to the public interest as to mandate performance by Federal employees.
The 1999 amendment, in particular, was issued to bring the Circular into conformance with and assist in implementation of the FAIR Act.
The FAIR Act was intended to encourage agencies to at least consider outsourcing their commercial functions under the policies and processes of OMB Circular A-76.