[Code of Federal Regulations]

[Title 14, Volume 5]

[Revised as of January 1, 2006]

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

[CITE: 14CFR1274.501]



[Page 480]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

                          SPACE ADMINISTRATION

 

PART 1274_COOPERATIVE AGREEMENTS WITH COMMERCIAL FIRMS--Table of Contents

 

                  Subpart 1274.5_Procurement Standards

 

Sec. 1274.501  Purpose of procurement standards.





    (a) The procurement standards stated in Sec. Sec. 1274.502 through 

1274.510, may not apply to or may supplement the procedures of a 

commercial recipient that has a purchasing system approved in accordance 

with the requirements of FAR Subpart 44.3 and NFS 1844.3.

    (b) Sections 1274.502 through 1274.510 set forth standards for use 

by recipients in establishing procedures for the procurement of supplies 

and other expendable property, equipment, real property and other 

services with Federal funds. These standards are furnished to ensure 

that such materials and services are obtained in an effective manner and 

in compliance with the provisions of applicable Federal statutes and 

executive orders.