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- In the context of the Department of Defense (DoD), acquisition and procurement are related but distinct terms12:
- Acquisition encompasses the entire process from design to disposal of weapons or related items purchased from a contractor.
- Procurement, within the context of acquisitions, refers to contracting and is different from the budget definition of procurement.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Acquisition is a broad term that applies to more than just the purchase of an item or service; the acquisition process encompasses the design, engineering, construction, testing, deployment, sustainment, and disposal of weapons or related items purchased from a contractor.1 From a policy perspective, federal regulations and federal law generally use the terms acquisition and procurement interchangeably.2 The term procurement,...
crsreports.congress.gov/product/pdf/RL/RL34026Then, in 1978, the Department of Defense (DoD) decided that acquisition was a better term to communicate contracting as part of a larger process, including things like specification of requirements and program management. So they replaced the word procurement with contracts. They retained the word procurement to refer to the budgetary process.appian.com/blog/acp/public-sector/procurement-vs … - People also ask
WEBFeb 7, 2019 · Learn about the DoD procurement process, which is the backbone for developing DoD military capability. It’s governed by the policy and principles of DoD Directive 5000.01 and consists of three main …
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WEBDec 2, 2021 · This analysis examines how defense contract spending, priorities, reforms, and industrial base have changed in the past five years. It does not address the specific differences between procurement …
WEBOct 8, 2020 · This paper, the first in our 2020 report series, presents the topline contracting trends of the Department of Defense (DoD) for Fiscal Year (FY) 2019, as available in the Federal Procurement Data System …
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DAU Glossary | www.dau.edu
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