Assessment of the Acquisition Functions

Per the OMB issued memo, M-17-26, Reducing Burden for Federal Agencies by Rescinding and Modifying OMB Memoranda, the requirement for a separate acquisition assessment under OMB Circular A-123 has been suspended until FY 2020. Accordingly the previously issued, Guidance on the Assessment of Acquisition Functions under Office of Management and Budget (OMB) Circular A-123 has been rescinded. As a result, the acquisition function is no longer required to be separately reported and should be assessed as part of the normal OMB Circular A-123 process.


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