(2) Deliver for an organizational and administrative framework that ensures powerful and economical procurement of needed high-quality resources and areas at the most effective value from liable and trusted resources, like the requirements of 252.
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The Contractor shall create and keep an acceptable purchasing system. Failure to take care of a suitable purchasing system, as outlined With this clause, could lead to disapproval of the system through the Contracting Officer and/or withholding of payments.
Purchasing facts is integrated into your accounting system and routinely classified with your basic ledger, giving you serious-time insight into how open orders influence your economical plan.
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(ii) For civilian organizations other than the Coastline Guard along with the Nationwide Aeronautics and House Administration, possibly the simplified acquisition threshold or five per cent of the overall approximated cost of the contract.
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Should the proposed subcontractor's purchasing system has not been reviewed, the contractor shall be so advised.
The cognizant ACO is answerable for granting, withholding, or withdrawing approval of a contractor's purchasing system. The ACO shall—
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