Contractor Purchasing System Review That Identifies Gaps, Verifies Compliance, and Strengthens Internal Controls
CPSR internal audit at SpendLogic is a formal government audit conducted to evaluate the adequacy, efficiency, and compliance of a contractor's purchasing system. A Contractor Purchasing System Review (CPSR) determines if a contractor's procurement processes meet federal acquisition standards and if the company can responsibly manage subcontracting activities under government contracts. CPSRs are typically conducted when the value of awarded government prime contracts and sub