41 U.S.C. § 131 — Acquisition

(1) Definition. In division B, "acquisition" means the process of getting property or services (including construction) using appropriated money, through a purchase or lease contract. This must support the missions and goals of an executive agency. The process starts at the point where the executive agency's needs are established, working together with the agency's chief acquisition officer. (2) What's included. Acquisition includes: (A) getting property or services that already exist, or that still need to be created, developed, demonstrated, and evaluated; (B) writing up what the agency needs; (C) finding and choosing sources to fill that need; (D) awarding the contract; (E) carrying out the contract; (F) financing the contract; (G) managing and measuring how well the contract is performed, all the way through final delivery and payment; and (H) the technical and management work directly tied to fulfilling the agency's needs through the contract.