The first objective of the purchasing system is making sure that federal government contractors Use a system in position that contributes to efficient subcontract administration. An permitted purchasing system can alleviate contractors with the necessity to get consent to subcontract, causing time and useful resource discounts.
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(F) The explanations for just about any significant distinction between the Contractor's cost goal and the worth negotiated; and
The Contracting Officer (CO) will figure out the need for the CPSR according to Agency anticipations and advice. A contractor is eligible to get a CPSR when income to the Government are expected to exceed $fifty million during the upcoming twelve months, excluding competitively awarded business-preset-rate contracts awarded with or with no an financial price tag adjustment and profits of commercial products pursuant to FAR part twelve.
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A CPSR necessitates an evaluation of the contractor's purchasing system. Until segregation of subcontracts is impracticable, this analysis shall not consist of subcontracts awarded via the contractor exclusively in aid of Government contracts which have been competitively awarded agency-preset-rate, competitively awarded mounted-rate with financial cost adjustment, or awarded for industrial original site products and industrial products and services pursuant to section twelve.
You may rely on the accuracy of the info you happen to be furnishing to your CPSR crew, in addition to provide experiences with all the desired traceability.
(a) The ACO shall withhold or withdraw approval of the contractor's purchasing system when you'll find major weaknesses or if the contractor is not able to provide enough facts upon which for making an affirmative determination.
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DOD’s Enterprise Systems Rule sets forth 24 system requirements that needs to be existing in all contractor purchasing systems for any purchasing system being “acceptable.”
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