. The Contractor shall build and maintain a suitable purchasing system. Failure to keep up a suitable purchasing system, as described In this particular clause, may possibly end in disapproval in the system from the Contracting Officer and/or withholding of payments.
(iv) Give that failure of the Government as well as contractor to agree to the price adjustment shall be described as a dispute under the Disputes clause.
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(two) Deliver for an organizational and administrative composition that makes sure helpful and successful procurement of essential high quality resources and areas at the very best value from liable and trusted sources, which includes the requirements of 252.
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(a) The contracting officer’s consent into a subcontract or approval in the contractor’s purchasing system won't constitute a dedication of the acceptability from the subcontract conditions or rate, or with the allowability of fees, unless the consent or acceptance specifies if not.
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Contractors can not initiate a CPSR by themselves. Somewhat, at the time a visit contractor’s product sales to the government—excluding competitively awarded company-set-price tag and glued-cost with financial value adjustment contracts and sales of economic items pursuant to Considerably Aspect twelve—are predicted to exceed $fifty million in the subsequent 12 months, the ACO is necessary by regulation to carry out a threat assessment.
(b) The contracting officer responsible for consent shall review the contractor’s notification and supporting facts in order that the proposed subcontract is suitable for the threats concerned and according to present coverage and audio company judgment.
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(A) The contractor's purchasing system is suitable and permitted, and no materials weaknesses stay; or