CFR > Title 29 - Labor > SUBTITLE A—Office of the Secretary of Labor > PART 95—GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS, AND WITH COMMERCIAL ORGANIZATIONS, FOREIGN GOVERNMENTS, ORGANIZATIONS UNDER T > SUBPART C—Post-Award Requirements (§95.20 to §95.62) > 95.46—Procurement records.

95.46—Procurement records.

Procurement records and files for purchases in excess of the simplified acquisition 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.

Code of Federal Regulations

[59 FR 38271, July 27, 1994, as amended at 72 FR 37104, July 9, 2007]