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The Central Contractor Registration (CCR) was the primary supplier database for the U.S. Federal government until July 30, 2012. In October 1993, President Bill Clinton issued a memorandum that required the Government to reform its acquisition processes. Subsequently, the Federal Acquisition Streamlining Act of 1994 was passed, requiring the ...
The Federal Procurement Data Center (FPDC), part of the U.S. General Services Administration, manages the Federal Procurement Data System (FPDS), which is operated and maintained by IBM. [2] The FPDS-NG is the current central repository of information on Federal contracting. The system contains detailed information on contract actions over ...
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.
The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
Contracting with the federal government or with state and local public bodies enables interested businesses to become suppliers in these markets. In fiscal year 2019, the US Federal Government spent $597bn on contracts. [2] The market for state, local, and education (SLED) contracts is thought to be worth $1.5 trillion.
A successful protest can result in reconsideration of the decision to award the contract or award of the contract to the protester in lieu of the original awardee. Even though a successful protester may not ultimately be awarded the contract, the government agency may have to pay the protester's bid and proposal costs. [4]
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Requires such pilot program to include: (1) a combination of federal contracts, grants, and subawards, with an aggregate value of not less than $1 billion and not more than $2 billion; (2) a diverse group of recipients of federal awards; (3) recipients who receive awards from multiple programs across multiple agencies; and (4) data collected ...