This is a multipart question. The Federal Acquisition Regulation actually
This is a multipart question. The Federal Acquisition Regulation actually
explicitly applies the law of contracts that we have been studying to the simplified acquisition process. Using that policy direction, which step is considered the offer:
a. the vendor’s quotation, or
b. the order issued by the Government.
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What step is required to form a binding contract? ________________________________
What is the CFR reference for this policy? _________________________________
