PART 734—MAJOR SYSTEM ACQUISITION
Authority: Sec. 621, Pub. L. 87–195, 75 Stat. 445 (22 U.S.C. 2381), as amended; E.O. 12163, Sept. 29, 1979, 44 FR 56673, 3 CFR, 1979 Comp., p. 435.
734.002-70 USAID policy.
In order for an USAID acquisition to be considered a major system acquisition it must meet the criteria of OMB Circular A–109 and FAR part 34, and must have an estimated value of $15 million or more during the first year of the contract. All major systems acquisition must be approved in advance by the M/OAA Director.