These requirements are embedded in the Federal Acquisition Regulation (FAR) and iRapt. FAR is a complex set of rules governing the government’s purchasing process. The purpose of these rules is to ensure that purchasing procedures are standard and consistent and that they are conducted in a fair and impartial manner. If you’re making sales to the government, you should have a good understanding of FAR; otherwise, you may make costly mistakes in the sales process.
IRapt (Invoice, Receipt, Acceptance and Property Transfer), which was formerly named Wide Area Workflow (WAWF) eBusiness Suite, is an Internet-based invoice and payment system for government contracts. Like FAR, iRapt is also filled with complexities and requires a substantial input of time to understand the system and use it correctly.