FAR 44.305-1
Responsibilities.
The cognizant ACO is responsible for granting, withholding, or withdrawing approval of a contractor’s purchasing system. The ACO shall- (a) Approve a purchasing system only after determining that the contractor’s purchasing policies and practices are efficient and provide adequate protection of the Government’s interests; and (b) Promptly notify the contractor in writing of the granting, withholding, or withdrawal of approval.
Source: acquisition.gov — FAR
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