What is the general policy on participants' financial, property, and purchasing systems?

  1. Law
  2. CFR 32
  3. National Defense
  4. Department of Defense
  5. Office of the Secretary of Defense
  6. DoD Grant and Agreement Regulations
  7. Technology Investment Agreements
  8. Award Terms Affecting Participants' Financial, Property, and Purchasing Systems
  9. What is the general policy on participants' financial, property, and purchasing systems?

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§ 37.605 What is the general policy on participants' financial, property, and purchasing systems?

The general policy for expenditure-based TIAs is to avoid requirements that would force participants to use different financial management, property management, and purchasing systems than they currently use for:

(a) Expenditure-based Federal procurement contracts and assistance awards in general, if they receive them; or

(b) Commercial business, if they have no expenditure-based Federal procurement contracts and assistance awards.


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