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		    <title class="- topic/title ">
			      <ph props="autonumber" class="- topic/ph ">534.201</ph> Policy.</title>
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                  <ph props="autonumber" class="- topic/ph ">(a)</ph>
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
						              <i class="+ topic/ph hi-d/i ">Policy</i>. This Subpart provides policies and procedures for incorporating an Earned Value Management System (EVMS) (see FAR 2.101) in GSA contracts, for the exclusive use of GSA, pursuant to OMB Circular A-11, 7. It is a results-based tool that can also provide for the preclusion of possible problems or concerns during the project.</p>
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                  <ph props="autonumber" class="- topic/ph ">(b)</ph>
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
						              <i class="+ topic/ph hi-d/i ">Definition of major acquisition</i>. OMB Circular A-11, 7, Capital Planning Guide Supplement, refers to the definition of “major acquisition” as a capital project that requires special management attention because of its: (1) importance to an agency’s mission; (2) high development, operating, or maintenance costs; (3) high risk; (4) high return; or (5) significant role in the administration of an agency’s programs, finances, property, or other resources.</p>
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					          <p id="d600e41" class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(c)</ph>
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
						              <i class="+ topic/ph hi-d/i ">Applicability</i>. It is GSA policy to define major acquisition for the purposes of EVMS as follows:</p>
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                        <ph props="autonumber" class="- topic/ph ">(1)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                  <i class="+ topic/ph hi-d/i ">GSA acquisitions valued at $20 million or more</i>. Cost-reimbursement or incentive contracts and orders (see FAR subparts 16.3 and 16.4) shall require a formally validated EVMS (in accordance with ANSI/EIA-748-A Earned Value Management System Acceptance Guide (see <xref outputclass="fm:ParaNumOnly"
                              class="- topic/xref "
                              base="VMDDBIGH"
                              href="GSAM-VMDDBIGH.dita#VMDDBIGH">534.201</xref>(d) below)). EVMS requirements shall be included in commercial and non-commercial contracts, MAS orders, and GWAC orders when the requirements entail developmental or modernization work, as defined by OMB’s definition of Developmental/Modernization/Enhancement in A-11, 7. Firm-fixed price, time-and-materials, and labor hour contracts and orders that are solely for commercial items or services, as defined at FAR 2.101, should not normally include EVMS.</p>
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                        <ph props="autonumber" class="- topic/ph ">(2)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                  <i class="+ topic/ph hi-d/i ">GSA acquisitions valued at less than $20 million</i>. EVMS requirements apply for contracts and orders of any type valued at less than $20 million if the program manager and contracting officer determine that EVMS is needed in that instance. This rationale shall be documented in the acquisition plan for the procurement.</p>
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                  <ph props="autonumber" class="- topic/ph ">(d)</ph>
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
						              <i class="+ topic/ph hi-d/i ">Industry Guides</i>. Earned Value Management is based upon the application of an international standard, ANSI/EIA-748-A (June 2007). Specific EVMS Guides approved for use by industry and U.S. Government for implementation of various aspects of ANSI/EIA-748-A are maintained by the National Defense Industrial Association (NDIA). These Guides include:</p>
					          <ol id="d606e89" class="- topic/ol ">
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							              <p id="d600e93" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(1)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                 EVMS Application Guide.</p>
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							              <p id="d600e102" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(2)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                 EVMS Surveillance Guide.</p>
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                        <ph props="autonumber" class="- topic/ph ">(3)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                 EVMS Intent Guide.</p>
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                        <ph props="autonumber" class="- topic/ph ">(4)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                 EVMS System Acceptance Guide.</p>
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							              <p id="d600e129" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(5)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                 Program Managers’ Guide to the Integrated Baseline Review Process.</p>
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							              <p id="d600e139" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(6)</ph>
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
								                 Integrating Risk Management with Earned Value Management.</p>
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                  <ph props="autonumber" class="- topic/ph ">(e)</ph>
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
						             The Guides can be found at <i class="+ topic/ph hi-d/i ">http://www.ndia.org/evm</i>.</p>
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