How do you know whether your purchasing system is good enough for Government contracting? There are guidelines in the FAR (Federal Acquisition Regulations) and various FAR supplements (e.g. the DoD FAR Supplement or DFARS) to help contractors make self-assessments as to whether their purchasing systems are adequate for Government purposes. Often, when people hear about purchasing systems they have subcontracting in mind. However, the term purchasing system can also encompass the full range of material purchases. Ultimately, the Government is most concerned that contractors spend Government funds most efficiently and effectively. To the extent that your purchasing system can provide that assurance, you should be good to go.
Source: PNWC’s Government Contracting Update: Is Your Purchasing System Adequate?
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’
