41 U.S.C. § 417 : US Code - Section 417: Record requirements

Search 41 U.S.C. § 417 : US Code - Section 417: Record requirements

(a) Establishment and maintenance of computer file by executive
agency; time period coverage
Each executive agency shall establish and maintain for a period
of five years a computer file, by fiscal year, containing
unclassified records of all procurements greater than the
simplified acquisition threshold in such fiscal year.
(b) Contents
The record established under subsection (a) of this section shall
include -
(1) with respect to each procurement carried out using
competitive procedures -
(A) the date of contract award;
(B) information identifying the source to whom the contract
was awarded;
(C) the property or services obtained by the Government under
the procurement; and
(D) the total cost of the procurement;
(2) with respect to each procurement carried out using
procedures other than competitive procedures -
(A) the information described in clauses (1)(A), (1)(B),
(1)(C), and (1)(D);
(B) the reason under section 253(c) of this title or section
2304(c) of title 10, as the case may be, for the use of such
procedures; and
(C) the identity of the organization or activity which
conducted the procurement.
(c) Record categories
The information that is included in such record pursuant to
subsection (b)(1) of this section and relates to procurements
resulting in the submission of a bid or proposal by only one
responsible source shall be separately categorized from the
information relating to other procurements included in such record.
The record of such information shall be designated "noncompetitive
procurements using competitive procedures".
(d) Transmission and data system entry of information
The information included in the record established and maintained
under subsection (a) of this section shall be transmitted to the
General Services Administration and shall be entered in the Federal
Procurement Data System referred to in section 405(d)(4) of this
title.