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Federal Transit Administration
Financial Management Oversight Seminar 2005

Page 152 - FTA Circular 4220.1E

Written Record of Procurement History

Grantees shall maintain records detailing the history of a procurement. At a minimum, these records shall include:

  1. Rationale for the method of procurement
  2. Selection of contract type
  3. Reasons for contractor selection or rejection, and
  4. The basis for the contract price


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2005 - Federal Transit Administration