Acquisition Plan

The document that facilitates attainment of the acquisition objectives. The plan must identify: those milestones at which decisions should be made; all the technical, business, management; and other significant considerations that will control the acquisition including, but not limited to, market research, competition, contract type, source selection procedures and socio-economic considerations.

The more detailed procurement strategies and supporting assumptions by which a system, project or product is obtained by the Government and/or its contractors. The plan, after approvals, becomes the guidance document to the Field Contracting Officer for future contracting and procurement actions. When separate acquisition strategy and acquisition plans are prepared, the acquisitions may not be approved until the acquisition strategy has been approved by the Critical Decision authority.