FAR 34.001 Definition
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 34.001
- Type
- Section
- Last amended
- 66 FR 2117 Effective Mar 12, 2001
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
Effective competition, as used in this part, is a market condition that exists when two or more contractors, acting independently, actively contend for the Government’s business in a manner that ensures that the Government will be offered the lowest cost or price alternative or best technical design meeting its minimum needs.
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; Definitions |
Terms defined
- Effective competition
Quick answers
What is FAR 34.001?
FAR 34.001 is a section of the Federal Acquisition Regulation, titled "Definition".
When was FAR 34.001 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Definitions" (66 FR 2117), published Jan 10, 2001 and effective Mar 12, 2001.
Are changes to FAR 34.001 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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