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234.001-70 Definitions.

48 CFR 234.001-70

Citation48 CFR 234.001-70
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

234.001-70 Definitions.

As used in this part—

Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of 252.234-7002, Earned Value Management System.

Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

Production of major defense acquisition program means the production and deployment of a major system that is intended to achieve an operational capability that satisfies mission needs, or an activity otherwise defined as Milestone C under Department of Defense Instruction 5000.02 or related authorities.

[Redesignated at 90 FR 5727, Jan. 17, 2025]