(a) The acquisition performance measurement system is a three-pronged approach that includes self assessment, statistical data for validation and flexible quality reviews and assessment techniques. This system is required to:
- (1) Evaluate the effectiveness and efficiency of bureau and office acquisition systems;
- (2) Assess the adequacy of policies, procedures and regulations governing the acquisition process; and
- (3) Identify and implement changes necessary to improve the systems.
- (b) HCA's are responsible for ensuring contracting activity compliance with law and regulations through the review and oversight process.