CC-404 - Results of Procurement Management Reviews.

(a)  Each PMR will be summarized in a report containing: risk assessment, analysis of issues, commendations, observations, findings, and recommendations as appropriate.

(b)  Information from PMRs will be disseminated on a quarterly basis utilizing various mediums of communication, such as the website, e-mails, newsletters, memoranda, conferences, special meetings, integrated process teams, and other channels.

(c)  PMRs at every level shall be completed in a timely manner. Untimely reporting erodes the review's effectiveness. At a minimum-

(1)  The initial PMR report must be presented to the reviewed activity within 30 calendar days of the Out-brief;

(2)  The activity's Corrective Action Plan (CAP) must be submitted within 30 calendar days of report receipt (60 calendar days after the Out-brief);

(3)  The PMR Team's appointing authority must review and approve the CAP and prepare a Final PMR report within 30 calendar days of CAP receipt (90 calendar days after the Out-brief);

(4)  The reviewed activity must complete corrective actions - if any - within 90 calendar days of receipt of the Final PMR report, inform the PMR appointing authority of corrective actions taken, and request closure of the CAP.