What Does FAIR Stand For?
FAIR stands for Federal Activities Inventory Reform Act Of 1998
The Federal Activities Inventory Reform Act of 1998 (FAIR) is a U.S. federal law aimed at promoting transparency and accountability in government operations. It requires federal agencies to systematically inventory and report their activities, with a focus on identifying functions that could be more efficiently performed by the private sector. The act seeks to enhance the effectiveness of government operations by ensuring that resources are allocated appropriately and that non-essential activities are minimized.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym