34.000
Scope of part
FAR 34.000 sets the framework for acquiring major systems and mandates Earned Value Management for major acquisitions, aligning with OMB guidance.
Overview
FAR 34.000 establishes the scope for Part 34, outlining the acquisition policies and procedures applicable to major system acquisitions. It references the requirements of OMB Circular No. A-109 for acquiring major systems and mandates the use of an Earned Value Management System (EVMS) for acquisitions designated as major, in accordance with OMB Circular A-11, part 7. This section sets the foundation for the detailed requirements and processes that follow in Part 34, ensuring that agencies follow standardized practices for planning, developing, and managing major system acquisitions.