Contractor Purchasing System Review (CPSR)
Government Contractors that are expected to exceed $25 million in current year sales to the government are to be considered for a Contractor Purchasing System Review (CPSR). This can be a stressful time, few government contractors pass their first CPSR without recommendations for improvement. Many prime contract and subcontract solicitations implicitly contain the requirement that your purchasing system be approved before your company may be considered for an award. The best way to successfully get through this analysis and to have your purchasing system certified is to be prepared for the review. This is where Argy comes in. Our experts have the knowledge necessary to make this process less stressful and more successful for you.
- Review CPSR compliance of current practices, written policies and procedures.
- Assess consistency between both practices and written policies and procedures.
- Determine adequacy of internal controls related to procurement system.
- Assist with implementation of compliant practices and remediation of purchase files
- Develop compliant policies and procedures and provide training.
Once your purchasing system is deemed adequate, certification will benefit you greatly by reducing the level of government contract administrative oversight for future contracts as well as offering more government business opportunities.
Related Publication: "Contractor Purchasing System Review - What to Expect" by Sajeev D. Malaveetil
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