This part prescribes policies and procedures for the acquisition of supplies and services through special contracting methods, including—

1. (a) Multi-year contracting;
2. (b) Options;
3. (c) Leader company contracting; and
4. (d) The use of reverse auctions to obtain competitive pricing.

[48 FR 42231, Sept. 19, 1983, as amended at 89 FR 61330, July 30, 2024]