The Basic Principles Of CPSR
The Basic Principles Of CPSR
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Notify the government on the award of all subcontracts that contain movement-down clauses that enable for presidency audit of subcontracts, and make sure the efficiency of audits of These subcontracts
(iv) Provide that failure of the Government along with the contractor to comply with the cost adjustment shall certainly be a dispute underneath the Disputes clause.
If the proposed subcontractor’s purchasing system hasn't been reviewed, the contractor shall be so suggested.
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(a) Also review the adequacy of rationale documenting business item or commercial company determinations to be certain compliance While using the definition of “business solution” or “professional assistance” in Much two.one zero one.
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As mentioned earlier mentioned, the target of a CPSR is to make certain a contractor’s purchasing system performs to make certain the contractor spends federal government funds in accordance with the Federal Acquisition Regulation (Considerably).
Navigating a CPSR suggests starting site web having a meticulous threat assessment followed by in-depth facts questionnaires.
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Establish and maintain strategies to timely notify the contracting officer, in writing, of too much move-through fears
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