Acquisition System Improvement Act

[AI summary unavailable — showing source text] Acquisition System Improvement Act - Authorizes the assignment from a Federal agency to a private sector organization, or from a private sector to a Federal agency, of employees who work in Federal acquisition or acquisition management, who are considered exceptional performers, and who are expected to assume increased acquisition management responsibilities. Modifies share-in-savings contract authority with respect to defense contracts and under the Federal Property and Administrative Services Act of 1949 to remove provisions limiting the use of such contracts to information technology. Requires inflation adjustments to acquisition-related dollar thresholds. Extends through FY 2009 the use of special simplified procedures for purchases of commercial items in excess of the simplified acquisition threshold. Mandates that the Federal Acquisition Regulation be revised to require, in the procurement of telecommunications services, that such services include redundant and separate points of entry and diverse local network facilities. Establishes in: (1) the Department of Defense the Department of Defense Board of Contract Appeals; and (2) the General Services Administration the Civilian…