48 CFR Part 2813 – Simplified Acquisition Procedures
Current as of: 2024 | Check for updates
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Subpart 2813.2 | Actions At or Below the Micro-Purchase Threshold |
Subpart 2813.3 | Simplified Acquisition Methods |
Subpart 2813.4 | Fast Payment Procedure |
Subpart 2813.70 | Certified Invoice Procedure |
Terms Used In 48 CFR Part 2813 - Simplified Acquisition Procedures
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
- Personal property: All property that is not real property.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.