Federal Acquisition refers to the process by which the United States government obtains goods and services from private sector companies. This process is governed by a set of regulations and guidelines to ensure transparency, fairness, and competition. The primary framework for these acquisitions is the Federal Acquisition Regulation (FAR), which outlines the rules and procedures that federal agencies must follow. The goal of Federal Acquisition is to efficiently meet the needs of government agencies while ensuring taxpayer dollars are spent wisely. This includes everything from purchasing office supplies to contracting for complex services like defense systems or infrastructure projects. The process involves various steps, including planning, solicitation, evaluation, and contract management.