Procurement Policy

This procurement policy document provides your company instant compliance with the FAR requirements as they relate to procurement. Start using it immediately for proposal submissions when required to be included by an RFP or as you begin procuring goods and services during project implementation.
 
The policy addresses:
 
competition requirements;
best value source selection process;
subcontract mechanism selection;
subcontractor vetting and responsibility determination;
subcontract management and closeout; and
ethics in procurement.
 
This policy is compliant for both indirect and direct procurements; however, it has not been modeled after USG agency supplemental FARs. Thus, purchasers are advised to review the terms of individual contracts for any additional restrictions that may apply to a particular award, and revise their award-specific policies accordingly. 
 
This policy may also be used by companies operating outside the US government award space, as well, though the purchaser is advise to review other funders' rules, regulations, policies and agreements for any additional restrictions or contradictory requirements that may apply.
 
The document is in Word format, giving you the opportunity to tweak and customize where needed. Further, if you need additional expert guidance, purchase of this document includes one hour of service to address purchaser questions and/or requests for customization. Additional customization may be purchased for an additional fee.