Code of Federal Regulations · Section

§ 37.605 — What Is The General Policy On Participants' Financial, Property, And Purchasing Systems?

32 C.F.R. § 37.605

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The general policy for expenditure-based TIAs is to avoid requirements that would force participants to use different financial management, property management, and purchasing systems than they currently use for:

(a) Expenditure-based Federal procurement contracts and assistance awards in general, if they receive them; or

(b) Commercial business, if they have no expenditure-based Federal procurement contracts and assistance awards.

Authorizing Statute