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  2. Simplified Acquisition Procedures - Wikipedia

    en.wikipedia.org/wiki/Simplified_Acquisition...

    Simplified Acquisition Procedures (SAP) are a set of streamlined procedures for government procurement in the United States that reduce the administrative burden of awarding procurements below a threshold value, which, as of 2023, is $250,000. [1] The procedures are described in 48 CFR 13.

  3. Federal Acquisition Regulation - Wikipedia

    en.wikipedia.org/wiki/Federal_Acquisition_Regulation

    A ratifying official may ratify only when: (1) The Government has received the goods or services; (2) The ratifying official has authority to obligate the United States, and had that authority at the time of the unauthorized commitment; (3) The resulting contract would otherwise be proper, i.e., adequate funds are available, the contract is not ...

  4. Government procurement in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_procurement_in...

    Notification procedures at 15.503(a) and debriefing procedures at FAR 15.305(c)(4) to FAR 15.306(c) must be followed in respect of offers excluded from the competitive range. If a competitive range is used, COs must send pre-award notifications to offerors thus excluded. An agency entering into discussions must provide "meaningful discussions ...

  5. Procurement - Wikipedia

    en.wikipedia.org/wiki/Procurement

    Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, ...

  6. Federal Property and Administrative Services Act of 1949

    en.wikipedia.org/wiki/Federal_Property_and...

    Title III (sections 301-310) outlines policies for the application of federal procurement and methods for acquisition procedures, electronic commerce capability, competition, solicitation of services, evaluation, and validation of proprietary data. Additionally, regulation of interaction between contracting agencies and the GSA is detailed here.

  7. Purchasing process - Wikipedia

    en.wikipedia.org/wiki/Purchasing_process

    Purchasing is the formal process of buying goods and services. The purchasing process can vary from one organization to another, but there are some common key elements. The process usually starts with a demand or requirements – this could be for a physical part ( inventory ) or a service . [ 1 ]

  8. Request for information - Wikipedia

    en.wikipedia.org/wiki/Request_for_Information

    A request for information (RFI) is a common business process whose purpose is to collect written information about the capabilities of various suppliers. [1] Normally it follows a format that can be used for comparative purposes. An RFI is primarily used to gather information to help make a decision on what steps to take next.

  9. Competition in Contracting Act - Wikipedia

    en.wikipedia.org/wiki/Competition_in_Contracting_Act

    The Competition in Contracting Act (CICA) of 1984, 41 U.S.C. 253, is United States legislation governing the hiring of contractors.It requires U.S. federal government agencies to arrange “full and open competition through the use of competitive procedures” in their procurement activities unless otherwise authorized by law. [1]

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