Cherry Bekaert: Government Contractors Guidance

Contractor Business Systems Series: Part 4 – Purchasing System

January 13, 2023 Cherry Bekaert
Contractor Business Systems Series: Part 4 – Purchasing System
Cherry Bekaert: Government Contractors Guidance
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Cherry Bekaert: Government Contractors Guidance
Contractor Business Systems Series: Part 4 – Purchasing System
Jan 13, 2023
Cherry Bekaert

What is a Contractor Purchasing System? When is a Contractor Purchasing System required? What trends are being seen in solicitations?

The fourth episode of Cherry Bekaert’s podcast series on each of the six Contractor Business Systems features Brendan Halloran, a Senior Manager in Cherry Bekaert’s Government Contracting Industry practice who previously was a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA), and John Bula, a Manager in the Firm’s GovCon practice. Together they discuss the requirements for a Contractor Purchasing System, as outlined in Defense Federal Acquisition Regulation Supplement (DFARS) 252.244-7001, when it is required and what it entails.

Listen in to find out about:

  • What constitutes an acceptable and compliant Contractor Purchasing System
  • What triggers the Contractor Purchasing System requirement
  • Key components and considerations of a Contractor Purchasing System
  • Policies, processes and documentation to demonstrate compliance
  • Benefits contractors can realize in having an approved system
  • Contractor Purchasing System Reviews (CPSR)

If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you. Contact us

If you haven’t already, catch up on the first three parts of the series:

Cherry Bekaert’s Government Contracting Industry advisors are well versed in business systems requirements and complex control environments. We guide contractors in developing and maintaining compliant business systems, performing systems assessments, providing audit support and preparing contractors for audits or reviews by the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA) or other cognizant agencies.

View all Government Contracting Podcasts

Show Notes

What is a Contractor Purchasing System? When is a Contractor Purchasing System required? What trends are being seen in solicitations?

The fourth episode of Cherry Bekaert’s podcast series on each of the six Contractor Business Systems features Brendan Halloran, a Senior Manager in Cherry Bekaert’s Government Contracting Industry practice who previously was a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA), and John Bula, a Manager in the Firm’s GovCon practice. Together they discuss the requirements for a Contractor Purchasing System, as outlined in Defense Federal Acquisition Regulation Supplement (DFARS) 252.244-7001, when it is required and what it entails.

Listen in to find out about:

  • What constitutes an acceptable and compliant Contractor Purchasing System
  • What triggers the Contractor Purchasing System requirement
  • Key components and considerations of a Contractor Purchasing System
  • Policies, processes and documentation to demonstrate compliance
  • Benefits contractors can realize in having an approved system
  • Contractor Purchasing System Reviews (CPSR)

If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you. Contact us

If you haven’t already, catch up on the first three parts of the series:

Cherry Bekaert’s Government Contracting Industry advisors are well versed in business systems requirements and complex control environments. We guide contractors in developing and maintaining compliant business systems, performing systems assessments, providing audit support and preparing contractors for audits or reviews by the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA) or other cognizant agencies.

View all Government Contracting Podcasts