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   <concept id="id198GAI00C53"
            audience="GSAM"
            ditaarch:DITAArchVersion="1.2"
            class="- topic/topic concept/concept ">
      <title class="- topic/title ">
         <ph props="autonumber" class="- topic/ph ">504.7102</ph> General.</title>
      <conbody class="- topic/body  concept/conbody ">
         <ol class="- topic/ol ">
            <li class="- topic/li ">
               <p class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(a)</ph>
                  
                  
                  
                  
                  
                  An acquisition review is a type
of internal control as well as a best practice that provides an
opportunity for collaboration and meaningful conversation amongst
members of the acquisition team and stakeholders. Acquisition reviews enable
information to be shared early and often during the acquisition
life cycle.</p>
            </li>
            <li class="- topic/li ">
               <p class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(b)</ph>
                  
                  
                  
                  
                  
                  The need for an acquisition review
should be commensurate with the risk, complexity, and criticality
of the acquisition or contract action. Criteria supporting the need
for an acquisition review may include the criteria described in <xref outputclass="fm:ParaNumOnly"
                        class="- topic/xref "
                        base="ARLDTDPM"
                        href="GSAM-ARLDTDPM.dita#ARLDTDPM">507.105</xref>(c)(2).</p>
            </li>
            <li class="- topic/li ">
               <p class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(c)</ph>
                  
                  
                  
                  
                  
                  An acquisition may require more
than one acquisition review. An acquisition review may occur at
any time during the various phases of the acquisition life cycle:</p>
               <ol class="- topic/ol ">
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(1)</ph>
                        
                        
                        
                        
                        
                        Market research phase;</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(2)</ph>
                        
                        
                        
                        
                        
                        Acquisition planning phase;</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(3)</ph>
                        
                        
                        
                        
                        
                        Pre-solicitation phase;</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(4)</ph>
                        
                        
                        
                        
                        
                        Pre-award phase; and</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(5)</ph>
                        
                        
                        
                        
                        
                        Post-award phase.</p>
                  </li>
               </ol>
            </li>
            <li class="- topic/li ">
               <p class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(d)</ph>
                  
                  
                  
                  
                  
                  The following are examples of topics
that may be a part of an acquisition review:</p>
               <ol class="- topic/ol ">
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(1)</ph>
                        
                        
                        
                        
                        
                        Requirement details (e.g., description
of requirement, period of performance, estimated value);</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(2)</ph>
                        
                        
                        
                        
                        
                        Market research (e.g., techniques
to be used, historical data, commerciality, industry capabilities
and practices, potential sources, existing contract vehicles, expected
usage by other agencies);</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(3)</ph>
                        
                        
                        
                        
                        
                        Acquisition strategy (e.g., degree
of competition, small business consideration, contract type, category
management, proposed evaluation factors);</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(4)</ph>
                        
                        
                        
                        
                        
                        Business and procurement risks
(e.g., project scope, funding, life cycle, compliance, alignment
to agency mission, political interest, other external factors or
circumstances);</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(5)</ph>
                        
                        
                        
                        
                        
                        Important policies, procedures,
and processes (e.g., IT requirements, customer agency requirements,
class deviations, consolidation and bundling analyses, category
management requirements);</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(6)</ph>
                        
                        
                        
                        
                        
                         Pre-award milestones (e.g., existing
contract expiration date, planned solicitation date, anticipated
date of award);</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(7)</ph>
                        
                        
                        
                        
                        
                        Debriefings, brief explanations,
and other post-award communications;</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(8)</ph>
                        
                        
                        
                        
                        
                        Contract administration requirements
and key activities (e.g., post-award orientation, contractor performance,
government property, option renewal or award term review, disposal
requirements); and</p>
                  </li>
                  <li class="- topic/li ">
                     <p class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(9)</ph>
                        
                        
                        
                        
                        
                        Post-award milestones, deliverables,
and other important information.</p>
                  </li>
               </ol>
            </li>
         </ol>
      </conbody>
   </concept>
</dita>
