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A government contractor is a company (privately owned, publicly traded or a state-owned enterprise) – either for profit or non-profit – that produces goods or services under contract for the government. [1]
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
SETA contractors provide analysis and engineering services in a consulting capacity, working closely with the government's own engineering staff members. SETA contractors provide the flexibility and quick availability of expertise without the expense and commitment of sustaining the staff long-term.
The first issue comes up when a contractor demands more money (i.e., demand for more money in a CDA claim or REA); the second issue comes up when the Government wishes to modify the contract and the contractor agrees, but another contractor objects to the failure to recompete the contract.
SGEs are exempt from Federal Acquisition Regulation 3.601, which states that a contracting officer may not knowingly award a contract to a government employee or to an organization owned or substantially owned by one or more government employees. [5] If a contract were to arise directly out of the special government employee's advisory services ...
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
The Government of Jamaica Procurement Guidelines apply to government procurement in Jamaica, [204] and the Public Sector Procurement Policy of November 2010 reflects "the government's ... strategy to further reform the public procurement system that is aligned to international best practices and promote fair competition for government contracts".
In U.S. Federal government contracting, IDIQ is an abbreviation of the term indefinite delivery/indefinite quantity. This is a type of contract that provides for an indefinite quantity of supplies or services during a fixed period of time. The legal origin of IDIQ contracts is the Federal Acquisition Regulation (FAR) section 16.504(a) (48 CFR ...
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