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FAR 3.104-5 is the rule that stops people from sharing secret bid information. It keeps the buying process fair and honest.
FAR 3.104-5 tells government workers how to avoid sharing secret contract info. It helps stop unfair deals and keeps the process honest. If someone shares private bid details or insider info, they can get in trouble. This rule protects fair competition and trust in federal contracting.
FAR 3.104-5 explains the rules about not sharing secret contract info. It helps stop unfair deals and protects the government’s buying process. If someone shares inside info, it can lead to big trouble, like losing a job or getting fined. This rule keeps things fair for everyone trying to win a government contract. Think of it like a “no cheating” rule during a test—everyone gets the same chance to do their best.
Many people misunderstand FAR 3.104-5 by sharing non-public information without knowing it's wrong. One common mistake is talking about bid details before an award is made. Another is failing to report when someone pressures for insider info. These actions can break the rules and cause serious problems. Always keep source selection info private and speak up if something seems off. Following these steps helps keep fair competition and avoids legal trouble.
<a href="https://learn.cradle2contract.com/made-simple/far-3-104-1">FAR 3.104-1 – Definitions</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-104-2">FAR 3.104-2 – Applicability</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-104-3">FAR 3.104-3 – Statutory and Related Prohibitions, Restrictions, and Requirements</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-104-4">FAR 3.104-4 – Disqualification</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-104-6">FAR 3.104-6 – Ethics Advisory Opinions Regarding Prohibitions on a Former Official’s Acceptance of Compensation from a Contractor</a><br>