An Acquisition Strategy document is required for Army service acquisitions greater than the Simplified Acquisition Threshold. How is the approval authority determined?

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Multiple Choice

An Acquisition Strategy document is required for Army service acquisitions greater than the Simplified Acquisition Threshold. How is the approval authority determined?

Explanation:
The key idea is that who approves the Acquisition Strategy scales with how much money is involved. For Army service acquisitions above the Simplified Acquisition Threshold, the document must be approved by the official who has authority appropriate to the contract’s dollar value. This means there isn’t a single fixed approver; as the value crosses defined dollar thresholds, higher-level officials review and approve the strategy to ensure appropriate oversight and risk management. So, the approval authority is determined by the dollar threshold.

The key idea is that who approves the Acquisition Strategy scales with how much money is involved. For Army service acquisitions above the Simplified Acquisition Threshold, the document must be approved by the official who has authority appropriate to the contract’s dollar value. This means there isn’t a single fixed approver; as the value crosses defined dollar thresholds, higher-level officials review and approve the strategy to ensure appropriate oversight and risk management. So, the approval authority is determined by the dollar threshold.

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