True or False: The FAR encourages the promotion of full and open competition.

Study for the DAU Contracting Certification Exam. Prepare with multiple choice questions featuring hints and explanations. Boost your readiness and confidence for the exam!

The statement is true because the Federal Acquisition Regulation (FAR) explicitly encourages full and open competition as a means to promote fairness, efficiency, and transparency in the government procurement process. This principle is grounded in the belief that competition leads to better pricing, higher quality goods and services, and increased innovation.

The FAR outlines various policies, procedures, and practices designed to foster competition. For instance, it emphasizes the importance of soliciting offers from a wide array of potential contractors and not unduly restricting competition. By advocating for full and open competition, the FAR aims to maximize opportunities for all qualified vendors, thereby enhancing the government's ability to obtain the best value.

Given this context, the other choices do not accurately reflect the FAR's strong emphasis on competition. The FAR does not imply a limitation of competition only under specific conditions, nor does it suggest that competition is not addressed at all. Thus, the correct answer affirmatively highlights the FAR's commitment to promoting an open and competitive marketplace for government contracting.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy