Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 32 - National Defense |
Subtitle A - Department of Defense |
Chapter I - Office of the Secretary of Defense |
SubChapter A - Acquisition |
Part 3 - Transactions Other Than Contracts, Grants, or Cooperative Agreements for Prototype Projects |
§ 3.2 - Background.
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§ 3.2 Background.
“Other transactions” is the term commonly used to refer to the 10 U.S.C. 2371 authority to enter into transactions other than contracts, grants or cooperative agreements. “Other transactions” are generally not subject to the Federal laws and regulations limited in applicability to contracts, grants or cooperative agreements. As such, they are not required to comply with the Federal Acquisition Regulation (FAR) and its supplements (48 CFR).
[67 FR 54956, Aug. 27, 2002]