48 CFR 734.002-70 – USAID policy
Current as of: 2024 | Check for updates
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In order for an USAID acquisition to be considered a major system acquisition it must meet the criteria of OMB Circular A-109 and FAR part 34, and must have an estimated value of $15 million or more during the first year of the contract. All major systems acquisition must be approved in advance by the M/OAA Director.
Terms Used In 48 CFR 734.002-70
- Contract: A legal written agreement that becomes binding when signed.