Acquisition refers to obtaining goods and services, through various types of contracts, for the use or benefit of the Agency. These services can be obtained by contract or, more commonly, by purchase order. These purchases do not require competitive quotes to be submitted. Prompt payment discounts will be accepted and are encouraged. Purchases Excceeding the Micro-purchase Threshold Competition must be obtained unless a sole source justification has been approved.
Competition is deemed to have occurred when three sources have been solicited.
Both written and oral solicitations are acceptable. Award is usually made on a best value basis where price or price and other factors are considered. These proposed procurement actions are listed on the website in lieu of being posted on an announcement board in the Ronald Reagan Building. These grants finance the procurement of a wide variety of basic commodities needed in the host country economy. To participate in a CIP, suppliers submit bids in response to competitive tenders issued by foreign importers.