Procurement

Procurement in the United States

Definition and Basic Description of Procurement

The action of obtaining goods, rights and services. The process of obtaining goods, rights and services includes preparation and processing of a demand as well as the end receipt and approval of payment. In the operations of an organization, procurement often involves the following steps:

  • purchase planning,
  • standards determination,
  • specifications development,
  • supplier research and selection,
  • value analysis,
  • financing,
  • price negotiation,
  • making the purchase,
  • supply contract administration,
  • inventory control and stores, and
  • disposals and other related functions.

The process of procurement is often part of an organization’s strategy because, in some cases, the ability to purchase certain materials will determine if operations will continue.

Finding the law: Procurement in the U.S. Code

A collection of general and permanent laws relating to procurement, passed by the United States Congress, are organized by subject matter arrangements in the United States Code (U.S.C.; this label examines procurement topics), to make them easy to use (usually, organized by legal areas into Titles, Chapters and Sections). The platform provides introductory material to the U.S. Code, and cross references to case law. View the U.S. Code’s table of contents here.

Procurement

In Legislation

Procurement in the U.S. Code: Title 41, Subtitle I, Division C

The current, permanent, in-force federal laws regulating procurement are compiled in the United States Code under Title 41, Subtitle I, Division C. It constitutes “prima facie” evidence of statutes relating to Public Contracts (including procurement) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Federal Procurement Policy and Procurement of the US Code, including procurement) by chapter and subchapter.

Procurement

In Legislation

Procurement in the U.S. Code: Title 22, Chapter 51, Subchapter III, Part 1

The current, permanent, in-force federal laws regulating procurement are compiled in the United States Code under Title 22, Chapter 51, Subchapter III, Part 1. It constitutes “prima facie” evidence of statutes relating to Foreign Relations (including procurement) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Panama and Procurement of the US Code, including procurement) by chapter and subchapter.

Procurement

In Legislation

Procurement in the U.S. Code: Title 10, Subtitle B, Part IV, Chapter 433

The current, permanent, in-force federal laws regulating procurement are compiled in the United States Code under Title 10, Subtitle B, Part IV, Chapter 433. It constitutes “prima facie” evidence of statutes relating to Army (including procurement) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Supply to Military and Procurement of the US Code, including procurement) by chapter and subchapter.

Procurement

In Legislation

Procurement in the U.S. Code: Title 10, Subtitle D, Part IV, Chapter 933

The current, permanent, in-force federal laws regulating procurement are compiled in the United States Code under Title 10, Subtitle D, Part IV, Chapter 933. It constitutes “prima facie” evidence of statutes relating to Air Force (including procurement) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Supply to Military and Procurement of the US Code, including procurement) by chapter and subchapter.

Resources

See Also

  • Government Procurement
  • Offshore Procurement
  • Sustainable Products Procurement
  • Convention on the (INMARSAT)
  • Office Of Price Administration
  • GDP Price Index
  • United Nations Convention on Contracts for the International Sale of Goods

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