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- In the context of the Department of Defense (DoD), acquisition and procurement are related but distinct terms12:
- Acquisition encompasses the entire process from design to disposal of weapons or related items purchased from a contractor.
- Procurement, within the context of acquisitions, refers to contracting and is different from the budget definition of procurement.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Acquisition is a broad term that applies to more than just the purchase of an item or service; the acquisition process encompasses the design, engineering, construction, testing, deployment, sustainment, and disposal of weapons or related items purchased from a contractor.1 From a policy perspective, federal regulations and federal law generally use the terms acquisition and procurement interchangeably.2 The term procurement,...
crsreports.congress.gov/product/pdf/RL/RL34026Then, in 1978, the Department of Defense (DoD) decided that acquisition was a better term to communicate contracting as part of a larger process, including things like specification of requirements and program management. So they replaced the word procurement with contracts. They retained the word procurement to refer to the budgetary process.appian.com/blog/acp/public-sector/procurement-vs … - People also ask
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