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A new service,
FAR Online, will transform the way businesses
interact with Government regulations regarding
supply of goods and services to US Federal Agencies.
The United States
Government is the largest single customer in
the world.
Any company selling
to a federal agency needs to comply with over
1800 pages of complex, ever-evolving rules in
the Federal Acquisition Regulation (FAR).
Finding, cross-referencing,
updating, and understanding information in the
mass of FAR rules has been a daily headache
for the hundreds of thousands of businesses
that supply federal agencies, as well as for
the procurement professionals who purchase these
goods and services.
The new FAR Online
service, powered by Affinitext, has converted
this body of government regulation to an intelligent
online format that gives users easy access,
pop up definitions, intelligent cross-linking
and powerful search capabilities for FAR that
were previously impossible.
"FAR regulations guide
billions of dollars in annual acquisitions by
US Federal agencies," says Art Smith, President
of Management Analysis, Incorporated (MAI).
"FAR Online will transform
information access in this vital market, facilitating
the federal procurement process for both public
and private sector participants," continues
MAI's Art Smith.
The Affinitext intelligent
document format is used by over $130 billion
in major projects in defense, telecommunications, transport
and construction. FAR Online applies this private
sector format of choice to US Federal regulations
for the first time.
"We are delighted
that FAR Online will make lives easier for the
many people involved in buying and selling goods
and services purchased by the Federal government,"
said Affinitext founder, Graham Thomson.
Companies and federal
agencies can access
www.faronline.com
free of charge during the service's initial
beta testing period.
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