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Contracting officers (COs) are appointed by the VP, SM, and by individuals delegated appointment authority. Appointees to the position of CO levels I through IV must be career employees in good standing and must meet the qualifications for the particular level (see below). Generally, contracting authorities are grouped by contracting officer level. There are four general levels of contracting officer:
- Level I contracting officers. Generally, these contracting officers are delegated up to $250,000 of contracting authority, up to the maximum limit for a firm-fixed price order (quantity applied to fixed unit price) placed under an indefinite-delivery contract and ordering agreements; and, up to $1 million for a time and material, labor hour, or cost-type order placed under an indefinite-delivery contract.
- Level II contracting officers. Generally, these contracting officers are delegated up to $1 million of contracting authority, up to the maximum limit for a firm-fixed price order (quantity applied to fixed unit price) placed under an indefinite-delivery contract and ordering agreements; and, up to $1 million for a time and material, labor hour, or cost-type order placed under an indefinite-delivery contract.
- Level III contracting officers. Generally, these contracting officers are delegated up to $10 million of contracting authority, up to the maximum limit for a firm-fixed price order (quantity applied to fixed unit price) placed under an indefinite-delivery contract and ordering agreements; and, up to $10 million for a time and material, labor hour, or cost-type order placed under an indefinite-delivery contract.
- Level IV contracting officers. Level IV contracting officers are delegated unlimited contracting authority.
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