§ 37.605. What is the general policy on participants' financial, property, and purchasing systems?
58 words·~1 min read·
/us/cfr/t32/s§ 37.605·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.