1. Regulations
  2. title 22
  3. chapter V
  4. part 518
  5. subpart C
  6. subjgrp 10
  7. § 518.46

View all text of Subjgrp 10 [§ 518.40 - § 518.48]

§ 518.46 - 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.

AUTHORITY: 22 U.S.C. 2658; 31 U.S.C. 503 and 1111; Reorganization Plan No. 2 of 1977, 42 FR 62461, 3 CFR, 1977 Comp. p. 200; E.O. 12048, 43 FR 13361, 3 CFR, 1978 Comp. p. 168.

SOURCE: 59 FR 39440, Aug. 3, 1994, unless otherwise noted.

CITE AS: 22 CFR 518.46