41 U.S.C. § 1712: Record requirements

Each executive agency shall establish and maintain for 5 years a computer file, by fiscal year, containing unclassified records of all procurements greater than the simplified acquisition threshold in that fiscal year. the date of contract award; information identifying the source to whom the contract was awarded; the property or services the Federal Government obtains under the procurement; and the total cost of the procurement; or the information described in paragraph (1); the reason under section 3304(a) of this title or section 3204(a) of title 10 for using the procedures; and the identity of the organization or activity that conducted the procurement. Information included in a record pursuant to subsection (b)(1) that relates to procurements resulting in the submission of a bid or proposal by only one responsible source shall be separately categorized from the information relating to other procurements included in the record. The record of that information shall be designated “noncompetitive procurements using competitive procedures”. ensure the accuracy of the information included in the record established and maintained by the agency under subsection (a); and transmit in a timely manner such information to the General Services Administration for entry into the Federal Procurement Data System referred to in section 1122(a)(4) of this title , or any successor system.