Section 1034.004 - Acquisition strategy(a) A program manager's acquisition strategy written at the system or investment level in accordance with FAR 7.103(e) shall include at a minimum: (1) The relationship of each individual acquisition (Contract, Delivery Order, Task Order, or Interagency Agreement) to the overall investment requirements and management structure;(2) What work is being performed in-house (by government personnel) versus contracted out for the investment;(3) A description of the effort, by acquisition, and the plans to include required clauses in the acquisitions;(4) A timetable of major acquisition award and administration activities, including plans for contract transitions;(5) An investment/system surveillance plan;(6) Financial and human resource requirements to manage the acquisition processes through the investment lifecycle;(7) Consideration of optimal contract types, including considerations of performance based approaches, small business utilization, Section 508, etc.; and(8) Assurances that the acquisition strategy section and supporting acquisition plans will maximize competition, including enabling downstream competition through avoidance of vendor "lock in".(b) The acquisition strategy shall be approved by a chartered interdisciplinary acquisition team that includes a representative of the procurement organization designated in accordance with bureau procedures.