
Commercial Item Acquisition
Commercial Item Acquisition refers to the process by which government agencies purchase goods and services that are readily available in the commercial marketplace. This method streamlines procurement by allowing government entities to acquire items without undertaking lengthy and complex bidding processes typically associated with custom contracts. The aim is to leverage existing market products, save time, reduce costs, and enhance efficiency. By using commercial items, agencies can more easily obtain innovative solutions from private sector companies while still adhering to necessary regulations and standards.