---
kind: "section"
citation: "41 U.S.C. § 131"
title: "41"
title_heading: "Public Contracts"
number: "131"
heading: "Acquisition"
release: "119-102"
url: "https://uscodex.org/usc/41/131"
units:
  - "Subtitle I — Federal Procurement Policy"
  - "Division A — General"
  - "Chapter 1 — Definitions"
  - "Subchapter II — Division B Definitions"
---

# §131. Acquisition


In division B, the term “acquisition”—

- (1) means the process of acquiring, with appropriated amounts, by contract for purchase or lease, property or services (including construction) that support the missions and goals of an [executive agency](/usc/41/3302.md?p=a-1), from the point at which the requirements of the [executive agency](/usc/41/3302.md?p=a-1) are established in consultation with the [chief acquisition officer](/usc/41/1704.md?p=a-2) of the [executive agency](/usc/41/3302.md?p=a-1); and
- (2) includes—
  - (A) the process of acquiring property or services that are already in existence, or that must be created, developed, demonstrated, and evaluated;
  - (B) the description of requirements to satisfy agency needs;
  - (C) solicitation and selection of sources;
  - (D) award of contracts;
  - (E) contract performance;
  - (F) contract financing;
  - (G) management and measurement of contract performance through final delivery and payment; and
  - (H) technical and management functions directly related to the process of fulfilling agency requirements by contract.

## Source credit

(Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3682.)

## Notes

| Historical and Revision Notes |  |  |
| --- | --- | --- |
| Revised<br>Section | Source (U.S. Code) | Source (Statutes at Large) |
| 131 | 41:403(16). | Pub. L. 93–400, § 4(16), as added Pub. L. 108–136, title XIV, § 1411, Nov. 24, 2003, 117 Stat. 1663. |