[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR7.301]

[Page 112]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 7_ACQUISITION PLANNING--Table of Contents
 
          Subpart 7.3_Contractor Versus Government Performance
 
Sec.  7.301  Policy.

    The Circular provides that it is the policy of the Government to (a) 
rely generally on private commercial sources for supplies and services, 
if certain criteria are met, while recognizing that some functions are 
inherently Governmental and must be performed by Government personnel, 
and (b) give appropriate consideration to relative cost in deciding 
between Government performance and performance under contract. In 
comparing the costs of Government and contractor performance, the 
Circular provides that agencies shall base the contractor's cost of 
performance on firm offers.