Depending on the estimated dollar value of the acquisition, the decision to award may be made by various authorities within an agency. For lower-value acquisitions, it might be delegated to a procurement officer or team, while higher-value contracts typically require approval from senior management or an executive committee. Additionally, compliance with agency procedures and regulations, such as those outlined in the Federal Acquisition Regulation (FAR) in the U.S., will guide the decision-making process. Ultimately, the specific thresholds and procedures vary by agency and type of acquisition.
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