[Code of Federal Regulations]
[Title 14, Volume 5]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 14CFR1274.501]

[Page 482]
 
                     TITLE 14--AERONAUTICS AND SPACE
 
                   CHAPTER V--NATIONAL AERONAUTICS AND
                          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.