THE 2-MINUTE RULE FOR CONTRACTOR PURCHASING SYSTEM REVIEW

. The Contractor shall create and sustain an appropriate purchasing system. Failure to keep up an acceptable purchasing system, as described In this particular clause, may well lead to disapproval from the system because of the Contracting Officer and/or withholding of payments.A CPSR calls for an evaluation from the contractor’s purchasing syste

Notify the government of your award of all subcontracts that have stream-down clauses that permit for presidency audit of subcontracts, and make sure the functionality of audits of These subcontracts(iv) Deliver that failure of The federal government plus the contractor to comply with the worth adjustment shall be described as a dispute under the D