Code of Federal Regulations (alpha)

CFR /  Title 32  /  Part 37  /  Sec. 37.605 What is the general policy on participants' financial,

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.