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Code · BILL · 113th Congress · H.R. 2767 (Introduced in House) — To protect American taxpayers and homeowners by creating a sustainable housing finance system for the 21st century. · Sec. 217

Sec. 217. Procurement

137 words·~1 min read·/bill/113/hr/2767/ih/section-217

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The FHA shall establish an economical and results-oriented system for the procurement, supply, and disposition by the FHA of personal property and services, which shall include performance measures and standards for determining the extent to which the FHA’s procurement of property and services satisfies the objective for which the procurement was undertaken. The system shall be consistent with the principles of impartiality and competitiveness. Section 113(e) of title 40, United States Code, is amended— in paragraph (19), by striking or at the end; in paragraph (20), by striking the period at the end and inserting ; or ; and by adding at the end the following new paragraph:
The Federal Housing Administration; and . Subchapter V of chapter 35 of title 31, United States Code, relating to the procurement protest system, shall not apply to the FHA.
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