Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 3 - Health and Human Services |
SubChapter F - Special Categories of Contracting |
Part 534 - MAJOR SYSTEM ACQUISITION |
§ 534.002-71 - Definitions.
Latest version.
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Major system acquisitions are those that are:
(a) Directed at and critical to fulfilling an agency mission;
(b) Estimated to entail the allocation of $25 million or more life cycle cost in current year dollars; or
(c) Determined by the Administrator to warrant special management attention or to be of critical importance to the agency or technologically advanced.