What FAR part covers the Federal Government's policies and procedures for the acquisition of commercial items?

FAR part 12 specifically addresses the acquisition of commercial items by the federal government. This section outlines the policies and procedures that agencies must follow when procuring goods and services that are readily available in the commercial marketplace. It emphasizes the importance of streamlining the acquisition process for these commercial items, encouraging the use of commercial practices, and reducing the regulatory burden on both the government and contractors.

In addition, FAR part 12 helps to facilitate greater competition and fosters innovation by leveraging the resources and efficiencies of the commercial sector. As a result, it plays a crucial role in ensuring that the federal government can obtain high-quality products and services at competitive prices, while also supporting the commercial marketplace.

Other FAR parts mentioned in the choices address different facets of federal acquisition. For example, FAR part 10 deals with market research requirements, FAR part 15 is focused on contracting by negotiation, and FAR part 19 covers small business programs. None of these parts specifically focus on the unique characteristics and requirements of acquiring commercial items.