41 C.F.R. § 105-72.506

Current through September 30, 2024

Section 105-72.506 - Procurement records

Procurement records and files for purchases in excess of the small purchase threshold shall include the following at a minimum:

(a) Basis for contractor selection,

(b) Justification for lack of competition when competitive bids or offers are not obtained, and

(c) Basis for award cost or price.

41 C.F.R. § 105-72.506