What determines that the bona fide needs will be met by a Federal clients statement?
The Acquisition Services Directorates clients are responsible for submitting a bona fide needs statement that clearly, concisely, and completely describes the legitimate requirement(s) that arose during, or continued to exist into, the fiscal year of the funds to be transferred to the Acquisition Services Directorate for acquiring goods and services. The bona fide needs statement must also describe a project that will fulfill the legitimate requirement(s), and the Acquisition Services Directorate shall only acquire goods and services on behalf of its client to complete the project. No changes may be made to the bona fide needs statement after the expiration of the relevant fiscal year, so it is best for the client to describe as broadly as possible the goods and services necessary to complete its project, but without sacrificing the specificity that is necessary to properly record obligations under Federal fiscal law.
