CPSR - An Overview
CPSR - An Overview
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(e) Should the Contractor receives the Contracting Officer’s closing perseverance of material weaknesses, the Contractor shall, inside 45 days of receipt of the ultimate resolve, possibly correct the fabric weaknesses or submit an appropriate corrective action prepare exhibiting milestones and steps to eliminate the weaknesses.
As said earlier mentioned, the goal of the CPSR is to make certain a contractor’s purchasing system works to make sure that the contractor spends govt money in accordance With all the Federal Acquisition Regulation (Much).
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The administrative contracting officer (ACO) is exclusively chargeable for initiating reviews on the contractor's purchasing systems, but other corporations might ask for the ACO initiate these reviews.
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(a) The ACO shall maintain a sufficient volume of surveillance making sure that the contractor is properly running its purchasing software.