Acquisition management letter

What is acquisition management?

The OAM or office of Acquisition Management is in charge for all financial assistance, contracting as well as associated activities that are necessary to accomplish the needs of the different missions of the department via the business relationships. It develops as well as supports the strategies, procurement, and procedure’s operational elements. The authority starts from the secretary to different procurement executives (senior). An organization of over 200 acquisitions professionals in Washington, DC, Regional Procurement Support Office – Germany, Frankfurt, and Regional Procurement Support Office – Florida, Fort Lauderdale.

The department spends approximately ninety percent of the budget for different contracts. That makes the department one of the biggest departments that belong to federal government. Basically, it is like a private organization helping government for a better living. It creates a win-win situation for both the government and the business organization. Ultimately, it benefits the people through better service. If the organization fails to meet certain rules and regulation established by the government will not be able to continue their service.

The process of acquisition happens like this. First, the Acquisition management decides the amount to be spent on a particular mission. Then they let the business organization know the budget. This business organization should not exceed the limit. Within that quote, many business organizations can bid. The organization, which has the lower bid, will have the opportunity to serve the management. Proper agreements will be created. Both parties cannot go against the rule. Once it is mentioned will remain as it is. In the case of a bad service or on any condition, the agreement is breached the agreement will be terminated.

Acquisition management letter

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February 28, 2000

LONG BEACH MORTGAGE
PO BOX 6149
ORANGE, CA   92868-6149
1-800-753-4622

Re:    Loan No. 55555555
          Tom Smith
           2200 Woodland Dr
          Killeen TX 76548

Gentlemen:

We have decided to let THE PINNACLE GROUP LLC. handle the management of the above named property for us.  They will be collecting rent and making payments directly to you beginning immediately.  We have advised them to make payments payable to you at the following address:

                                                      LONG BEACH MORTGAGE
                                                      PO BOX 6149
                                                      ORANGE, CA   92868-6149
                                                      1-800-753-4622

                                                      Re:    Loan No. 55555555

Effective immediately, please forward all loan statements or other pertinent information to:

                                                          THE PINNACLE GROUP LLC.
                                                          Po Box 1172
                                                          Killeen, TX 76541

                                                          Contact:  McArthur Baker
                                                          Phone:  (254) 338-2355

Thank you very much.

Sincerely,