2011 US Code
Title 41 - Public Contracts
Subtitle I - Federal Procurement Policy (§§ 101 - 4711)
Division A - General (§§ 101 - 153)
Chapter 1 - DEFINITIONS (§§ 101 - 153)
Subchapter II - DIVISION B DEFINITIONS (§§ 131 - 134)
Section 131 - Acquisition
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 41 - PUBLIC CONTRACTS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 41 - PUBLIC CONTRACTS Subtitle I - Federal Procurement Policy Division A - General CHAPTER 1 - DEFINITIONS SUBCHAPTER II - DIVISION B DEFINITIONS Sec. 131 - Acquisition |
| Contains | section 131 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Pub. L. 111-350, §3, Jan. 4, 2011, 124 Stat. 3682. |
| Statutes at Large References | 117 Stat. 1663 124 Stat. 3682 |
| Public Law References | Public Law 93-400, Public Law 108-136, Public Law 111-350 |
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In division B, the term “acquisition”—
(1) means the process of acquiring, with appropriated amounts, by contract for purchase or lease, property or services (including construction) that support the missions and goals of an executive agency, from the point at which the requirements of the executive agency are established in consultation with the chief acquisition officer of the executive agency; and
(2) includes—
(A) the process of acquiring property or services that are already in existence, or that must be created, developed, demonstrated, and evaluated;
(B) the description of requirements to satisfy agency needs;
(C) solicitation and selection of sources;
(D) award of contracts;
(E) contract performance;
(F) contract financing;
(G) management and measurement of contract performance through final delivery and payment; and
(H) technical and management functions directly related to the process of fulfilling agency requirements by contract.
(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3682.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 131 | 41:403(16). | Pub. L. 93–400, §4(16), as added Pub. L. 108–136, title XIV, §1411, Nov. 24, 2003, 117 Stat. 1663. |
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