What part of the FAR prescribes policies and procedures for contract administration?

FAR Part 42 is dedicated to contract administration, which outlines the policies and procedures necessary for managing contracts effectively once they have been awarded. This part covers the responsibilities of various parties involved in contract administration, including the roles of contracting officers and program managers. It provides guidance on monitoring contractor performance, ensuring compliance with contract terms, and managing contract changes.

Understanding these procedures is essential for maintaining oversight of contractor performance and safeguarding the government's interests throughout the contract lifecycle. Effective contract administration is crucial in ensuring that projects are completed on time, within budget, and according to the specifications set forth in the contract, which is the primary objective of this section of the FAR.