CFR > Title 22 - Foreign Relations > CHAPTER V—BROADCASTING BOARD OF GOVERNORS > PART 518—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS > SUBPART C—Post-Award Requirements (§518.20 to §518.62) > 518.46—Procurement records.

518.46—Procurement records.

Procurement records and files for purchases in excess of the small purchase threshold shall include the following at a minimum:
(a) Basis for contractor selection,
(b) Justification for lack of competition when competitive bids or offers are not obtained, and
(c) Basis for award cost or price.