Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 15 - Commerce and Foreign Trade |
Subtitle A - Office of the Secretary of Commerce |
Part 14 - [Reserved] |
Subpart C - Post-Award Requirements |
Procurement Standards |
§ 14.46 - Procurement records.
Latest version.
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Procurement records and files for purchases in excess of the simplified acquisition threshold shall include the following at a minimum:
(a) Basis for contractor selection;
(b) Justification for lack of competition when competitive bids or offers are not obtained; and
(c) Basis for award cost or price.