Performance-Based Acquisition Law and Legal Definition
According to 48 CFR 2.101 (Title 48, Federal Acquisition Regulations System; Chapter 1, Federal Acquisition Regulation; Subchapter A, General; Part 2, Definitions of Words and Terms; Subpart 2.1, Definitions), performance-based acquisition (PBA) means “an acquisition structured around the results to be achieved as opposed to the manner by which the work is to be performed.”
Legal Definition list
Related Legal Terms
- Acquisition
- Acquisition and Cross-Servicing Agreement
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Assistance [Transportation]
- Acquisition Cost of an Item of Purchased Equipment
- Acquisition Cost of Equipment [Education]
- Acquisition Credit
- Acquisition Debt
- Acquisition Fee
- Acquisition Indebtedness