Drives cost savings

Competitively awarded includes:

• Contract or modification awarded using competitive simplified acquisition procedures, full and open competition, or competition short of full and open
• Orders issued under single award task or delivery order contracts that were competitively awarded
• Orders issued under multiple award contracts where fair opportunity is given for the award (in accordance with FAR and DFARS) to all multiple award contract holders

Accurately report action in FPDS and enter the Treasury Account Symbol in the Treasury Account Symbol data field as the first entry in the “Description of Requirements”

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