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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 14 - Department of the Interior |
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SubChapter A - General |
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Part 1401 - Department of the Interior Acquisition Regulation System |
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Subpart 1401.70 - Acquisition Reviews |
§ 1401.7001-4 - Acquisition performance measurement systems.
Latest version.
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1401.7001-4 Acquisition performance measurement systems.
(a) The acquisition performance measurement system is a three-pronged approach that includes self assessment, statistical data for validation and flexible quality reviews and assessment techniques. This system is required to:
(1) Evaluate the effectiveness and efficiency of bureau and office acquisition systems;
(2) Assess the adequacy of policies, procedures and regulations governing the acquisition process; and
(3) Identify and implement changes necessary to improve the systems.
(b) HCA's are responsible for ensuring contracting activity compliance with law and regulations through the review and oversight process.