Regulations last checked for updates: May 16, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024
201.101 - 201.101 Purpose.

(1) The defense acquisition system, as defined in 10 U.S.C. 3001(a), exists to manage the investments of the United States in technologies, programs, and product support necessary to achieve the national security strategy prescribed by the President pursuant to section 108 of the National Security Act of 1947 (50 U.S.C. 3043) and to support the United States Armed Forces.

(2) The investment strategy of DoD shall be postured to support not only the current United States armed forces, but also future armed forces of the United States.

(3) The primary objective of DoD acquisition is to acquire quality supplies and services that satisfy user needs with measurable improvements to mission capability and operational support at a fair and reasonable price.

[83 FR 19641, May 4, 2018, as amended at 87 FR 76989, Dec. 16, 2022]
authority: 41 U.S.C. 1303 and 48 CFR chapter 1
source: 56 FR 36284, July 31, 1991, unless otherwise noted.
cite as: 48 CFR 201.101