Acquisition Management Division (AQM)

The Office of the Comptroller of the Currency's (OCC) Office of Acquisition Management (AQM) has two teams ready to provide assistance during each phase of the acquisition lifecycle process.

The teams procure goods and services for the OCC. During the lifecycle, from the earliest step of identifying a need to the final step of contract closeout, Contracting Officers (CO) and Contract Specialists (CS) collaborate with the OCC business units to procure quality goods and services in a timely manner and at a fair and reasonable price, in order to support the agency’s mission. The teams take all necessary steps to ensure that the OCC and contractor each perform what is required of them in accordance with the terms and conditions of the contract.

The CO appoints a Contracting Officer's Representative (COR)/Point of Contact (POC) to assist in the technical and administrative aspects of the contractor’s performance, needed to ensure quality products and services are provided in accordance with the contract. This includes serving as the CO’s technical liaison (“eyes and ears”) to monitor the contractor's performance, inspect and accept deliverables, pay invoices, evaluate contractor performance, and close the contract.