Contract Review Procedures:
Information about Revisions
In July 2001, the Office of General Counsel revised its "Small Contract Checklist" in several ways. Most notably, we raised the monetary limit associated with the use of the Checklist from $25,000 to $150,000, but we changed the procedures for using the Checklist to require its use even for a contract whose value exceeds $150,000. If a contract exceeds the "cap," components still use the Checklist and follow its recommendations, but additionally send the contract to the Office of General Counsel for further review.
We also linked the Checklist to an existing Software and Database Checklist, and coordinated their recommendations. Prior to this time, we did not require that software and database contracts be reviewed using the Small Contract Checklist, but we since determined that they should be.
We prepared information that should help component contract specialists negotiate the terms that the Checklist will require to be included in most contracts, and rewrote our Contract Review Procedures and revised BPM 48 to reflect the new dollar amount and the new procedure respecting contracts above and below that dollar amount.
Finally, when we were finished, we recognized that "Small Contract Checklist" was no longer an appropriate name for the tool, so we renamed it the General Procedure Contract Checklist, to distinguish it from the contracts that are processed under "Special Procedures."
If you have questions about the processing of contracts or the use of the new General Procedure Contract Checklist, please fell free to contact Dana Hollingsworth in the Office of General Counsel.
÷ General Procedure Contract Checklist ÷
Special Procedure Contract Checklist÷