---
kind: "section"
citation: "32 C.F.R. § 37.605"
title: "32"
number: "37.605"
heading: "What is the general policy on participants' financial, property, and purchasing systems?"
url: "https://uscodex.org/cfr/32/37.605"
---

# §37.605. What is the general policy on participants' financial, property, and purchasing systems?


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.

## Notes

### Authority

Authority: 5 U.S.C. 301 and 10 U.S.C. 113.

### Source

Source: 68 FR 47160, Aug. 7, 2003, unless otherwise noted.