§244.101. Definitions.
48 C.F.R. § 244.101
Acceptable purchasing system means a purchasing system that complies with the system criteria in paragraph (c) of the clause at 252.244-7001.
Purchasing system means the contractor's system or systems for purchasing and subcontracting, including make-or-buy decisions, the selection of vendors, analysis of quoted prices, negotiation of prices with vendors, placing and administering of orders, and expediting delivery of materials.
Notes, amendments, and revision history
Amendments
[90 FR 5730, Jan. 17, 2025]
Authority
Authority: 41 U.S.C. 1303 and 48 CFR chapter 1.
Source
Source: 56 FR 36447, July 31, 1991, unless otherwise noted.
Amendments
[90 FR 5730, Jan. 17, 2025]