SpendQueryBeta

FAR and DFARS › FAR Part 7: Acquisition Planning › Subpart 7.4

FAR 7.400 Scope of subpart.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This subpart explains that it implements a specific law and gives guidance for buying equipment when more than one acquisition method is available. It also applies both when equipment is first acquired and when existing leases or rental agreements are renewed or extended.

Applies to: Acquisitions of equipment, including initial acquisition and renewal or extension of existing equipment leases or rental agreements

Key terms: equipment · acquisition · lease · rental agreement · renewal or extension

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

This subpart—

(a) Implements section 555 of the FAA (Federal Aviation Administration) Reauthorization Act of 2018 (Pub. L. 115-254);

(b) Provides guidance when acquiring equipment and more than one method of acquisition is available for use; and

(c) Applies to both the initial acquisition of equipment and the renewal or extension of existing equipment leases or rental agreements.

← 7.305 Solicitation provisions and contract clause. · 7.401 Acquisition considerations. →

Rule changes for FAR Part 7

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

FAR 7.400 Scope of subpart · SpendQuery