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32 CFR § 37.605 - What is the general policy on participants' financial, property, and purchasing systems?

---
identifier: "/us/cfr/t32/s37.605"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "32 CFR § 37.605 - What is the general policy on participants' financial, property, and purchasing systems?"
title_number: 32
title_name: "National Defense"
section_number: "37.605"
section_name: "What is the general policy on participants' financial, property, and purchasing systems?"
chapter_name: "OFFICE OF THE SECRETARY OF DEFENSE"
subchapter_number: "C"
subchapter_name: "DoD GRANT AND AGREEMENT REGULATIONS"
part_number: "37"
part_name: "TECHNOLOGY INVESTMENT AGREEMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301 and 10 U.S.C. 113."
regulatory_source: "68 FR 47160, Aug. 7, 2003, unless otherwise noted."
cfr_part: "37"
---

# 37.605 What is the general policy on participants' financial, property, and purchasing systems?

The general policy for expenditure-based TIAs is to avoid requirements that would force participants to use different financial management, property management, and purchasing systems than they currently use for:

(a) Expenditure-based Federal procurement contracts and assistance awards in general, if they receive them; or

(b) Commercial business, if they have no expenditure-based Federal procurement contracts and assistance awards.