Fascination About Contractor Purchasing System Review
Fascination About Contractor Purchasing System Review
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. The Contractor shall set up and retain an appropriate purchasing system. Failure to take care of an appropriate purchasing system, as defined With this clause, might lead to disapproval of the system by the Contracting Officer and/or withholding of payments.
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A CPSR calls for an analysis with the contractor's purchasing system. Unless segregation of subcontracts is impracticable, this evaluation shall not consist of subcontracts awarded through the contractor solely in help of Government contracts which have been competitively awarded firm-fixed-cost, competitively awarded fixed-price with financial rate adjustment, or awarded for business products and solutions and business expert services pursuant to aspect 12.
The objective of a contractor purchasing system review (CPSR) is To judge the performance and success with which the contractor spends Govt cash and complies with Federal government policy when subcontracting.
(i) Required to carry out provisions of law or Government orders relevant to subcontractors furnishing professional items or business expert services; or
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