Federal Activities Inventory Reform 

Type - Term
Description: The Federal Activities Inventory Reform (FAIR) Act of 1998 (P.L. 105-270), requires Federal agencies to prepare and submit to the Office of Management and Budget (OMB), inventories of commercial activities performed by Federal employees. OMB Circular A-76, Performance of Commercial Activities, further requires agencies to submit inventories of their inherently governmental activities to OMB. 
Acronym: FAIR
 
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