The Federal Tort Claims Act (FTCA), established in 1946, is the legal mechanism for compensating people who have suffered personal injury due to the negligent or wrongful action of employees of the U.S. government.
Federal procurement is the process used by national governments to purchase or lease goods and services. Specific procedures may differ between countries, yet the goals for procurement policies are very similar.
What is the Federal Acquisition Regulation? â¢ The Federal Acquisition Regulation is the primary set of rules in the Federal Acquisition Regulation framework. This system, known as the Federal Acquisition Regulation System, consists of multiple sets of regulations issued by various agencies of the United States Federal Government. These regulations are charged with governing what is known as the âacquisition processââthe process through which a government body purchases or acquires goods and services.