41 U.S. Code § 131 - Acquisition

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In division B, the term “acquisition”—
(1) means the process of acquiring, with appropriated amounts, by contract for purchase or lease, property or services (including construction) that support the missions and goals of an executive agency, from the point at which the requirements of the executive agency are established in consultation with the chief acquisition officer of the executive agency; and
(2) includes—
(A) the process of acquiring property or services that are already in existence, or that must be created, developed, demonstrated, and evaluated;
(B) the description of requirements to satisfy agency needs;
(C) solicitation and selection of sources;
(D) award of contracts;
(E) contract performance;
(F) contract financing;
(G) management and measurement of contract performance through final delivery and payment; and
(H) technical and management functions directly related to the process of fulfilling agency requirements by contract.


(Pub. L. 111–350, § 3,Jan. 4, 2011, 124 Stat. 3682.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
Pub. L. 93–400, § 4(16), as added Pub. L. 108–136, title XIV, § 1411, Nov. 24, 2003, 117 Stat. 1663.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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41 USCDescription of ChangeSession YearPublic LawStatutes at Large


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