(a) Acquisitions valued at $1 billion or more.
(1) The Office of the Director, Defense Procurement and Acquisition Policy, will organize teams of reviewers and facilitate Peer Reviews for solicitations and contracts valued at $1 billion or more, as follows:
(i) Pre-award Peer Reviews will be conducted for all solicitations valued at $1 billion or more (including options).
(ii) Post-award Peer Reviews will be conducted for all contracts for services valued at $1 billion or more (including options).
(iii) Reviews will be conducted using the procedures at PGI 201.170 (Pop-up Window or PGI Viewer Mode).
(2) To facilitate planning for Peer Reviews, the military departments, defense agencies, and DoD field activities shall provide a rolling annual forecast of acquisitions with an anticipated value of $1 billion or more (including options) at the end of each quarter (i.e., March 31; June 30; September 30; December 31), to the Deputy Director, Defense Procurement and Acquisition Policy (Contract Policy and International Contracting), 3060 Defense Pentagon, Washington, DC 20301-3060.
(b) Acquisitions valued at less than $1 billion. The military departments, defense agencies, and DoD field activities shall establish procedures for-
(1) Pre-award Peer Reviews of solicitations valued at less than $1 billion; and
(2) Post-award Peer Reviews of contracts for services valued at less than $1 billion.