FASA meaning in Governmental ?

Answer:

What is Federal Acquisition Streamlining Act of 1994 mean?

The Federal Acquisition Streamlining Act of 1994 (S. 1587; Pub.L. 103–355) is a United States law that was enacted in 1994 with the goal of lowering procurement barriers. This Act enables Simplified Acquisition Procedures where the procurement is limited, facilitates reliance of Commercial off-the-shelf (COTS) technology, and promotes the use of fixed-price Performance Based Contracting.

The law alters the United States government procurement strategy from lowest bid to best value. The Federal Acquisition Streamlining Act and the Federal Acquisition Reform Act of 1996 removed the traditional oversight mechanisms that had been in place for decades and paved the way for a new method of awarding federal government contracts. Contracts must meet 90% of their performance goals or face termination.

reference

Full Form	Category
Fellows of the American Society of Anesthesiologists	Academic & Science
Filipino American Student Alliance	Academic & Science
Filipino American Student Association	Academic & Science
Fumaric Acid Saturated Acetone	Academic & Science
Future Automation System Architecture	Academic & Science
Folk Art Society of America	Academic & Science
Fine Arts Student Alliance	Academic & Science
Faculty and Academic Staff Appointments	Academic & Science
Faculty Academic Staff Appointments	Academic & Science
FAFSA Application for Student Aid	Academic & Science
Federal Accounting Standards Adv	Business
Filipino American Students Association	Business
Fine Arts Student Association	Business
Florida Anthropology Student Association	Business
Fiber Artist San Antonio	Community
Finnish American Studies Association	Community
Florida Association of School Administrators	Community
Fiber Artists of San Antonio	Community
Feline Association of South Australia	Community
Fellow of The American Society of Anesthesiologists	Educational Degree
Freedonia Aeronautics and Space Administration	General
Fabricacion de Automoviles Sa	General
Fuller Advantage Series Automated	General
Fiat Auto South Africa	General
Freedonia Aeronatics Space Admin	General
Fire Airborne Simulator Arrangement	General
Fire Airborne Spectral Analizer	General
Freedonian Air And Space Administration	General
Final Approach Spacing Aids	General
Fellowships Advising and Study Abroad	General
Family and Single Area	General
Fraternity and Sorority Affairs	General
Freedonian Aeronautics Space Administration	General
Foundation of the American Subcontractors Association	General
Frizzank Aeronautical Space Administration	General
Fire Alarm System Agent	General
Fire Alarm Systems Agent	General
Florida After School Alliance	Governmental
Federal Acquisition Streamlining Act of 1994	Governmental
FAMILY ARMY SCHOOL and ALLIANCE	Governmental
Fábrica Automovilística, S. A.	International
Federated Ambulatory Surgery Association	Medical
Sani Pass, South Africa	Regional
Franchise Association South Africa	Regional
Fellowship Alliance Southern Africa	Regional
Freedonian Aeronautics and Space Administration	Space Science
Federal Acquisition Streamlining Act	Space Science
Fastpitch America Softball Association	Sports
Fredericksburg Area Soccer Association	Sports