48 CFR 32.201 - 32.201 Statutory authority.

Regulations last checked for updates: Apr 23, 2024

Title 48 - Federal Acquisition Regulations System last revised: Apr 19, 2024

View all text of Subpart 32.2 [32.200 - 32.207]

32.201 - 32.201 Statutory authority.

10 U.S.C. 3805 and 41 U.S.C. 4505 provide that payment for commercial products or commercial services may be made under such terms and conditions as the head of the agency determines are appropriate or customary in the commercial marketplace and are in the best interest of the United States.

[60 FR 49711, Sept. 26, 1995, as amended at 79 FR 24211, Apr. 29, 2014; 86 FR 61029, Nov. 4, 2021; 87 FR 73899, Dec. 1, 2022]

authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

source: 48 FR 42328, Sept. 19, 1983, unless otherwise noted.

cite as: 48 CFR 32.201