34.004
Acquisition strategy
A tailored, written acquisition strategy is mandatory for every major system acquisition and must also serve as the official acquisition plan.
Overview
FAR 34.004 requires that the program manager develop a written acquisition strategy specifically tailored to each major system acquisition program. This strategy serves as the comprehensive plan for meeting the mission need in the most effective, economical, and timely way. The acquisition strategy must comply with the requirements of FAR subpart 7.1 (Acquisition Plans), unless those requirements conflict with Part 34. The written strategy also fulfills the requirement for an acquisition plan for major system acquisitions as outlined in subpart 7.1.
Key Rules
- Acquisition Strategy Requirement
- The program manager must create a written acquisition strategy for each major system acquisition program.
- Tailoring and Compliance
- The strategy must be tailored to the specific program and comply with FAR subpart 7.1, except where inconsistent with Part 34.
- Dual Purpose
- The acquisition strategy also serves as the acquisition plan required by subpart 7.1 for major system acquisitions.
Responsibilities
- Contracting Officers: Ensure the acquisition strategy meets regulatory requirements and is properly documented.
- Contractors: Align proposals and execution with the documented acquisition strategy.
- Agencies: Oversee that program managers develop, document, and maintain compliant acquisition strategies.
Practical Implications
- This section ensures that major system acquisitions are guided by a clear, documented strategy, reducing risk and improving outcomes.
- Contractors should review the acquisition strategy to align their approach and understand agency priorities.
- Common pitfalls include incomplete documentation or failure to tailor the strategy to the specific program.