- Words: 1900
- Length: 6 Pages
- Topic: Business
- Paper #: 40432178
Procurement Law Overview, Part One
The federal government's basic procurement or acquisition process involves an agency identifying the goods and services it needs also known as the agency's requirements, determining the most appropriate method for purchasing these items, and carrying out the acquisition. Although this process is simple in theory, any given procurement can be complex, involving a multitude of decisions and actions (Halchin, 2006).
One process that is involved is