Scope of part.

This part prescribes policies and procedures for the acquisition of supplies and services through special contracting methods, including— (a) Multi-year contracting; (b) Options; (c) Leader company contracting; and (d) The use of reverse auctions to obtain competitive pricing. [48 FR 42231, Sept. 19, 1983, as amended at 89 FR 61330, July 30, 2024]