What does FAR Part 15 govern?

FAR Part 15 governs contracting by negotiation, which encompasses the procedures and guidelines for obtaining contractual agreements through discussions and modifications of proposals, rather than through sealed bids. The negotiation process allows government contracting officers to engage with offerors to clarify proposals, make technical adjustments, and consider pricing strategies.

The emphasis on negotiation is particularly important in circumstances where complexity, unique requirements, or the need for flexibility exist in the contracting process. This part outlines the various types of negotiation procedures—such as competitive and non-competitive negotiations—enabling agencies to effectively source and secure agreements that best meet their needs while ensuring compliance with regulations and fair competition.

In contrast to the other options, competitive sealed bidding and the acquisition planning processes focus on more structured, less flexible procedures that do not align with the negotiation objectives outlined in FAR Part 15. Similarly, while market research informs negotiation and contracting strategies, it does not dictate the negotiation processes detailed in this part of the FAR.