What does the Federal Acquisition Streamlining Act (FASA) aim to achieve?

The Federal Acquisition Streamlining Act (FASA) primarily aims to simplify the federal procurement process and enhance efficiency. It was enacted to address the complexities and inefficiencies that had developed within government contracting. By streamlining various procedures, FASA helps in reducing the bureaucratic red tape that often delays the procurement of goods and services.

The focus of FASA is on improving the overall process for acquiring government contracts, making it easier for agencies to procure products and services in a timely and cost-effective manner. This includes measures like increasing the use of streamlined contract vehicles and making it easier for smaller businesses to participate in federal contracting, which ultimately benefits both the government and contractors. The legislation, therefore, significantly impacts the way federal procurement is conducted, emphasizing efficiency over mere volume or stricter regulations.

This clarity in objectives is why the choice reflecting the aim of simplification and efficiency captures the essence of FASA effectively.