[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR7.301]



[Page 116-117]

 

            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



[[Page 117]]



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.