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2024 Webinar Series
The FAR:
Federal Acquisition Regulations
Understand the rules of the federal contracting game - and play to win!
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
ABOUT THE SERIES:
 We’ll cover each PART of THE FAR
 Typically held Wednesdays and Fridays, 12pm
 Complimentary
 Recorded
 Video Posted on YouTube https://www.youtube.com/@jenniferschaus/videos
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J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
ABOUT US:
⮚ Services for FED GOV CONTRACTORS:
⮚ Washington DC based;
⮚ Professional services for established gov cons;
⮚ Market Analysis to GSA Schedules;
⮚ Contract Administration, etc.
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
ABOUT US:
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2024 Webinar Series - THE FAR
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J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
The FAR – Federal Acquisition Regulations - WEBINAR SERIES 2024
JSchaus & Associates – Washington DC – hello@JenniferSchaus.com
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Next Steps?
2024: The FAR - Federal Acquisition Regulations, Part 40
2024: The FAR - Federal Acquisition Regulations, Part 40
2024: The FAR - Federal Acquisition Regulations, Part 40
VISIT GPCNOW.COM FOR MORE INFORMATION
2024: The FAR - Federal Acquisition Regulations, Part 40
2024 Webinar Series
THE FAR
THE FAR – PART 40
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
FAR PART 40:
Information Security & Supply Chain Security
SPEAKER: Hillary Freund
FIRM: Holland & Knight
EMAIL: Hillary.Freund@hklaw.com
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
FAR PART 40:
Information Security & Supply Chain Security
SPEAKER: Kelsey Hayes
FIRM: Holland & Knight
EMAIL: Kelsey.Hayes@hklaw.com
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• FAR Part 40
• What is it and why should you care?
• What it is: a new part of the FAR that will address information security &
supply chain security when acquiring products and services
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• On April 1, 2024, the FAR Council published a final rule simply establishing
the new FAR part - Effective May 1, 2024
• The creation of this new FAR part does not implement any of the policies or
procedures related to managing information security and supply chain
security.
• The rule simply establishes the new FAR part.
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• Yes, you are seeing that right – the FAR rule only added the new FAR part
40, it did not add any new requirements
• Separate rulemakings will follow that will relocate existing information
security and supply chain security requirements to the new FAR part 40
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• The new FAR Part will include security requirements designed to bolster
national security through the management:
• Cybersecurity supply chain risks
• Foreign-based risks
• Emerging technology risks
• The new FAR part 40 would be structured based on the objectives of the
regulation (similar to the way environmental objectives are covered in part
23 and labor objectives are addressed in part 22).
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• So, why is the FAR council creating this new part?
• Currently the policies & procedures for prohibitions, exclusions, supply chain risk
information sharing, & safeguarding information are dispersed across multiple parts of
the FAR
• Makes it difficult for both the acquisition workforce & industry to locate, understand, &
implement applicable requirements
• This new FAR part will provide one consolidated location in the FAR for cybersecurity
supply chain risk management requirements
• Which should (hopefully) make your lives easier . . . at least in terms of locating &
understanding your federal information security & supply chain security obligations!
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• “Information security” and “supply chain security” – remind me what we are
talking about here?
• Information security = Protecting information and information systems from
unauthorized access, use, disclosure, disruption, modification, or
destruction in order to provide—
• (1) Integrity, which means guarding against improper information modification or
destruction, and includes ensuring information nonrepudiation and authenticity;
• (2) Confidentiality, which means preserving authorized restrictions on access and
disclosure, including means for protecting personal privacy and proprietary
information; and
• (3) Availability, which means ensuring timely and reliable access to, and use of,
information.
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
See FAR 2.101.
2024 Webinar Series - THE FAR
• What is an “information system”?
• “A discrete set of information resources organized for the collection, processing,
maintenance, use, sharing, dissemination, or disposition of information.”
• Typically made up of hardware, software, databases, communication systems, and
networks
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
NIST SP 800-171 rev.3
2024 Webinar Series - THE FAR
• OK. And can you define “supply chain”? Sure!
• Supply chain = “The linked activities associated with providing materiel to
end users for consumption. Those activities include supply activities (such
as organic and commercial inventory control points and retail supply
activities), maintenance activities (such as organic and commercial depot
level maintenance facilities and intermediate repair activities), and
distribution activities (such as distribution depots and other storage
locations, container consolidation points, ports of embarkation and
debarkation for ground, air, and ocean transportation).”
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
See DoD Supply Chain Terms & Definitions (Jan. 9,
2024)
2024 Webinar Series - THE FAR
• Supply chain security is not defined in the FAR (yet)
• Supply chain risk is defined as “the risk that any person may sabotage,
maliciously introduce unwanted function, extract data, or otherwise
manipulate the design, integrity, manufacturing, production, distribution,
installation, operation, maintenance, disposition, or retirement of covered
articles so as to surveil, deny, disrupt, or otherwise manipulate the function,
use, or operation of the covered articles or information stored or
transmitted on the covered articles.”
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
See 41 U.S.C. § 4713 & FAR 4.2301
See also 10 U.S.C. § 3252 & DFARS 252.239-
7018
2024 Webinar Series - THE FAR
• OK… I’m still not really getting it. Can you give me an example?
• You betcha. Does Kaspersky Labs or Huawei ring a bell?
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• In 2018, the USG banned the use of any
hardware, software, or services developed
or provided by Russia-based Kaspersky
Labs
• Ban enacted in response to concerns from the
U.S. intelligence committee that Kaspersky
executives have close ties to Russian gov’t
officials
• Also, concern that Russian law could compel the
company to share sensitive information on U.S.
agencies with the Russian gov’t
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• And in 2019/2020, the USG banned the
procurement of equipment/services from
Huawei Technologies (and others) and
prohibited the USG from entering into
contracts with an entity that uses Huawei et
al. equipment or services
• Similar to the Kaspersky Labs ban, the Huawei
et al. ban was enacted in response to concerns
from the intelligence community due to the
companies’ ties with the Chinese gov’t
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• And while we’re on a roll, we might as well mention the TikTok ban!
• Most recently (2023), the USG banned the presence or use of the social
networking service, TikTok, or any successor application or service
developed by ByteDance Limited on information technology – including
certain equipment used by federal contractors
• Ban applies to the presence or use of TikTok on any information technology owned or
managed by the USG or on any information technology used or provided by the
contractor under a contract, including equipment provided by the contractor’s
employees
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• So the USG is prohibiting companies that engage in federal contracting
from engaging in certain activities that may cause security risks? Pretty
much
• And now, with the creation of FAR part 40, you will (eventually) be able to
see all the prohibitions in one place (and more!)
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• On Apr. 10, 2024, the FAR Council issued an RFI, soliciting feedback on the scope and
organization of FAR part 40
• The RFI includes a list of current FAR provisions that may be moved to FAR Part 40 and
requests feedback from the public on this proposed content and structure. The list is currently
broken into three subparts:
• (1) Processing Supply Chain Risk Information
• (2) Security Prohibitions and Exclusions
• These prohibitions (Kaspersky, Huawei, and TikTok will be moved from FAR part 4 to FAR part 40)
• (3) Safeguarding Information
• The RFI requests that interested parties review the list and provide comments on the following
two questions:
• What specific section(s) of the FAR would benefit from inclusion in FAR Part 40?
• What specific suggestions do you have for otherwise improving the proposed scope or subparts of FAR Part
40?
• Public Responses to the RFI are due no later than June 10, 2024
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• Notably (at least per the RFI) FAR part 40 will also cover Safeguarding
Information, to include controlled unclassified information (“CUI”)
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
See 89 Fed. Reg.
25268
2024 Webinar Series - THE FAR
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series - THE FAR
• So, what should I take away from this presentation on FAR part 40?
• FAR part 40 is a *NEW* FAR part with no current requirements
• The requirements are coming (TBD) & will likely come from other parts of the FAR (e.g.,
the Kaspersky Labs ban (FAR subpart 4.20); the Huawei / Section 889 ban (FAR subpart
4.21), etc. and the safeguarding of classified information and CUI (FAR subparts 4.4 &
4.19)
• Any truly new requirements? Aside from FAR case 2017-016, only time will tell
• The USG is increasingly focused on information security & supply chain security
• Your company is likely already subject to many (if not all) of these existing requirements
• So now is a good time to consider performing an audit of your information systems &
supply chain
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
FAR PART 40:
Information Security & Supply Chain Security
SPEAKER: Hillary Freund
FIRM: Holland & Knight
EMAIL: Hillary.Freund@hklaw.com
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
FAR PART 40:
Information Security & Supply Chain Security
SPEAKER: Kelsey Hayes
FIRM: Holland & Knight
EMAIL: Kelsey.Hayes@hklaw.com
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
THE FAR
Please subscribe to our YouTube Channel
for Gov Con Content Uploads
including THESE WEBINARS!
https://www.youtube.com/@jenniferschaus/videos
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
2024 Webinar Series
The FAR:
Federal Acquisition Regulations
THANK YOU FOR JOINING US!
J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com

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2024: The FAR - Federal Acquisition Regulations, Part 40

  • 1. 2024 Webinar Series The FAR: Federal Acquisition Regulations Understand the rules of the federal contracting game - and play to win! J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 2. 2024 Webinar Series THE FAR ABOUT THE SERIES:  We’ll cover each PART of THE FAR  Typically held Wednesdays and Fridays, 12pm  Complimentary  Recorded  Video Posted on YouTube https://www.youtube.com/@jenniferschaus/videos  PPT Posted on SlideShare.net  Sponsor/Advertising Options Available J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 3. 2024 Webinar Series THE FAR J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 4. 2024 Webinar Series THE FAR J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 5. 2024 Webinar Series THE FAR ABOUT US: ⮚ Services for FED GOV CONTRACTORS: ⮚ Washington DC based; ⮚ Professional services for established gov cons; ⮚ Market Analysis to GSA Schedules; ⮚ Contract Administration, etc. J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 6. 2024 Webinar Series THE FAR ABOUT US:  Services for THOSE SELLING TO FED CONTRACTORS:  Newsletter Advertising;  Webinar Advertising;  Social Media Advertising;  Event Sponsorship;  Ask for our MEDIA KIT! J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 7. Marketing TO Federal Contractors? Digital Advertising Offers Available 30,600+ Newsletter Subscribers 90% Federal Contractors 23% - 32% Open Rates (12 Mo Ave) 4% - 12% Click Rates (12 Mo Ave) -------------------------------- hello@JenniferSchaus.com for details
  • 8. NAVY - SeaPort-NxG Get On These Contract Vehicles! We Can Help – Email Us at hello@JenniferSchaus.com NASA - SEWP IV GSA – ALLIANT 3 GSA – MAS
  • 9. US SENATE – & - HOUSE OF REPRESENTATIVES Scheduled Hearings
  • 11. VA APEX ACCELERATOR - 2024 TRAINING EVENTS  THURSDAY, JUNE 13th 11.30am-1.30pm GSA Schedules: Requirements, Proposal Prep and – What’s Next REGISTER: https://virginiaptac.ecenterdirect.com/events/4448  TUESDAY, AUGUST 6th 1pm-3pm Marketing 101 For Federal Contractors: Attract The Primes, Attract The Government REGISTER: https://virginiaptac.ecenterdirect.com/events/4452  TUESDAY, NOVEMBER 12th 9.30am-11.30am GSA Schedules: Requirements, Proposal Prep and – What’s Next REGISTER: https://virginiaptac.ecenterdirect.com/events/4456
  • 12. MD APEX ACCELERATOR - 2024 TRAINING EVENTS  THURSDAY, JUL 25th 2024 10am-11am Kickstart Your Federal Marketing REGISTER: https://mdptac.ecenterdirect.com/events/15242  THURSDAY, DEC 5th 2024 10am-11am GSA Schedules - What You Need To Know REGISTER: https://mdptac.ecenterdirect.com/events/15244
  • 13. Our Sponsored Content Webinars Palmetier Law – Part 1 of 2 - Thursday JUNE 20 SBIR / STTR Unleashing Small Business Innovations: A Path To Growth & Prosperity https://attendee.gotowebinar.com/register/819675359822707801 Palmetier Law – Part 2 of 2 Thursday JUNE 27 SBIR / STTR Unleashing Small Business Innovations: A Path To Growth & Prosperity https://attendee.gotowebinar.com/register/4351522212519190620
  • 14. Federal Government Contractors SUMMER SOIREE Monday June 24th John F Kennedy Center 530PM - 730PM Meet The FED GOV & Network with Contractors! TICKETS REQUIRED IN ADVANCE https://govsummer2024.eventbrite.com
  • 15. SPONSORS – GOVERNMENT – IN-KIND SPONSORS Federal Government Contractors - SUMMER SOIREE Monday June 24th - John F Kennedy Ctr - 530PM - 730PM SPONSORSHIPS OPPORTUNITIES AVAILABLE
  • 16. Federal Government Contractors SUMMER SOIREE Monday June 24th - John F Kennedy Ctr - 530PM - 730PM SPONSORSHIPS OPPORTUNITIES AVAILABLE MEET THE GOVERNMENT
  • 17. 2024 Webinar Series - THE FAR THANK YOU TO OUR WEBINAR SPONSORS J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 18. The FAR – Federal Acquisition Regulations - WEBINAR SERIES 2024 JSchaus & Associates – Washington DC – hello@JenniferSchaus.com
  • 19.  Full training calendar: virginiaptac.org & useful links  Register for free counseling: https://virginiaptac.org/services/counseling/  Your “one stop” shop for Government Contracting assistance  Reach us at apex@gmu.edu or 703-277-7750 This APEX Accelerator is funded in part through a cooperative agreement with the Department Next Steps?
  • 23. VISIT GPCNOW.COM FOR MORE INFORMATION
  • 25. 2024 Webinar Series THE FAR THE FAR – PART 40 J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 26. 2024 Webinar Series THE FAR FAR PART 40: Information Security & Supply Chain Security SPEAKER: Hillary Freund FIRM: Holland & Knight EMAIL: Hillary.Freund@hklaw.com J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 27. 2024 Webinar Series THE FAR FAR PART 40: Information Security & Supply Chain Security SPEAKER: Kelsey Hayes FIRM: Holland & Knight EMAIL: Kelsey.Hayes@hklaw.com J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 28. 2024 Webinar Series - THE FAR • FAR Part 40 • What is it and why should you care? • What it is: a new part of the FAR that will address information security & supply chain security when acquiring products and services J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 29. 2024 Webinar Series - THE FAR • On April 1, 2024, the FAR Council published a final rule simply establishing the new FAR part - Effective May 1, 2024 • The creation of this new FAR part does not implement any of the policies or procedures related to managing information security and supply chain security. • The rule simply establishes the new FAR part. J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 30. 2024 Webinar Series - THE FAR J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 31. 2024 Webinar Series - THE FAR • Yes, you are seeing that right – the FAR rule only added the new FAR part 40, it did not add any new requirements • Separate rulemakings will follow that will relocate existing information security and supply chain security requirements to the new FAR part 40 J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 32. 2024 Webinar Series - THE FAR • The new FAR Part will include security requirements designed to bolster national security through the management: • Cybersecurity supply chain risks • Foreign-based risks • Emerging technology risks • The new FAR part 40 would be structured based on the objectives of the regulation (similar to the way environmental objectives are covered in part 23 and labor objectives are addressed in part 22). J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 33. 2024 Webinar Series - THE FAR • So, why is the FAR council creating this new part? • Currently the policies & procedures for prohibitions, exclusions, supply chain risk information sharing, & safeguarding information are dispersed across multiple parts of the FAR • Makes it difficult for both the acquisition workforce & industry to locate, understand, & implement applicable requirements • This new FAR part will provide one consolidated location in the FAR for cybersecurity supply chain risk management requirements • Which should (hopefully) make your lives easier . . . at least in terms of locating & understanding your federal information security & supply chain security obligations! J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 34. 2024 Webinar Series - THE FAR • “Information security” and “supply chain security” – remind me what we are talking about here? • Information security = Protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction in order to provide— • (1) Integrity, which means guarding against improper information modification or destruction, and includes ensuring information nonrepudiation and authenticity; • (2) Confidentiality, which means preserving authorized restrictions on access and disclosure, including means for protecting personal privacy and proprietary information; and • (3) Availability, which means ensuring timely and reliable access to, and use of, information. J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com See FAR 2.101.
  • 35. 2024 Webinar Series - THE FAR • What is an “information system”? • “A discrete set of information resources organized for the collection, processing, maintenance, use, sharing, dissemination, or disposition of information.” • Typically made up of hardware, software, databases, communication systems, and networks J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com NIST SP 800-171 rev.3
  • 36. 2024 Webinar Series - THE FAR • OK. And can you define “supply chain”? Sure! • Supply chain = “The linked activities associated with providing materiel to end users for consumption. Those activities include supply activities (such as organic and commercial inventory control points and retail supply activities), maintenance activities (such as organic and commercial depot level maintenance facilities and intermediate repair activities), and distribution activities (such as distribution depots and other storage locations, container consolidation points, ports of embarkation and debarkation for ground, air, and ocean transportation).” J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com See DoD Supply Chain Terms & Definitions (Jan. 9, 2024)
  • 37. 2024 Webinar Series - THE FAR • Supply chain security is not defined in the FAR (yet) • Supply chain risk is defined as “the risk that any person may sabotage, maliciously introduce unwanted function, extract data, or otherwise manipulate the design, integrity, manufacturing, production, distribution, installation, operation, maintenance, disposition, or retirement of covered articles so as to surveil, deny, disrupt, or otherwise manipulate the function, use, or operation of the covered articles or information stored or transmitted on the covered articles.” J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com See 41 U.S.C. § 4713 & FAR 4.2301 See also 10 U.S.C. § 3252 & DFARS 252.239- 7018
  • 38. 2024 Webinar Series - THE FAR • OK… I’m still not really getting it. Can you give me an example? • You betcha. Does Kaspersky Labs or Huawei ring a bell? J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 39. 2024 Webinar Series - THE FAR • In 2018, the USG banned the use of any hardware, software, or services developed or provided by Russia-based Kaspersky Labs • Ban enacted in response to concerns from the U.S. intelligence committee that Kaspersky executives have close ties to Russian gov’t officials • Also, concern that Russian law could compel the company to share sensitive information on U.S. agencies with the Russian gov’t J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 40. 2024 Webinar Series - THE FAR • And in 2019/2020, the USG banned the procurement of equipment/services from Huawei Technologies (and others) and prohibited the USG from entering into contracts with an entity that uses Huawei et al. equipment or services • Similar to the Kaspersky Labs ban, the Huawei et al. ban was enacted in response to concerns from the intelligence community due to the companies’ ties with the Chinese gov’t J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 41. 2024 Webinar Series - THE FAR • And while we’re on a roll, we might as well mention the TikTok ban! • Most recently (2023), the USG banned the presence or use of the social networking service, TikTok, or any successor application or service developed by ByteDance Limited on information technology – including certain equipment used by federal contractors • Ban applies to the presence or use of TikTok on any information technology owned or managed by the USG or on any information technology used or provided by the contractor under a contract, including equipment provided by the contractor’s employees J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 42. 2024 Webinar Series - THE FAR • So the USG is prohibiting companies that engage in federal contracting from engaging in certain activities that may cause security risks? Pretty much • And now, with the creation of FAR part 40, you will (eventually) be able to see all the prohibitions in one place (and more!) J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 43. 2024 Webinar Series - THE FAR • On Apr. 10, 2024, the FAR Council issued an RFI, soliciting feedback on the scope and organization of FAR part 40 • The RFI includes a list of current FAR provisions that may be moved to FAR Part 40 and requests feedback from the public on this proposed content and structure. The list is currently broken into three subparts: • (1) Processing Supply Chain Risk Information • (2) Security Prohibitions and Exclusions • These prohibitions (Kaspersky, Huawei, and TikTok will be moved from FAR part 4 to FAR part 40) • (3) Safeguarding Information • The RFI requests that interested parties review the list and provide comments on the following two questions: • What specific section(s) of the FAR would benefit from inclusion in FAR Part 40? • What specific suggestions do you have for otherwise improving the proposed scope or subparts of FAR Part 40? • Public Responses to the RFI are due no later than June 10, 2024 J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 44. 2024 Webinar Series - THE FAR • Notably (at least per the RFI) FAR part 40 will also cover Safeguarding Information, to include controlled unclassified information (“CUI”) J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com See 89 Fed. Reg. 25268
  • 45. 2024 Webinar Series - THE FAR J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 46. 2024 Webinar Series - THE FAR • So, what should I take away from this presentation on FAR part 40? • FAR part 40 is a *NEW* FAR part with no current requirements • The requirements are coming (TBD) & will likely come from other parts of the FAR (e.g., the Kaspersky Labs ban (FAR subpart 4.20); the Huawei / Section 889 ban (FAR subpart 4.21), etc. and the safeguarding of classified information and CUI (FAR subparts 4.4 & 4.19) • Any truly new requirements? Aside from FAR case 2017-016, only time will tell • The USG is increasingly focused on information security & supply chain security • Your company is likely already subject to many (if not all) of these existing requirements • So now is a good time to consider performing an audit of your information systems & supply chain J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 47. 2024 Webinar Series THE FAR FAR PART 40: Information Security & Supply Chain Security SPEAKER: Hillary Freund FIRM: Holland & Knight EMAIL: Hillary.Freund@hklaw.com J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 48. 2024 Webinar Series THE FAR FAR PART 40: Information Security & Supply Chain Security SPEAKER: Kelsey Hayes FIRM: Holland & Knight EMAIL: Kelsey.Hayes@hklaw.com J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 49. 2024 Webinar Series THE FAR Please subscribe to our YouTube Channel for Gov Con Content Uploads including THESE WEBINARS! https://www.youtube.com/@jenniferschaus/videos J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com
  • 50. 2024 Webinar Series The FAR: Federal Acquisition Regulations THANK YOU FOR JOINING US! J Schaus & Associates, WASHINGTON DC – hello@JenniferSchaus.com