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A sole-source procurement activity is where a contract is offered to known vendor(s) instead of conducting open competition, and the resulting contract is known as a sole-source contract. FAR Part 6 specifically forbids sole-source contracting when it is due to a lack of advanced planning.
The regulatory framework for single source defence contracts came fully into force in December 2014, after Parliamentary approval was confirmed for the Single Source Contract Regulations 2014. [4] In March 2015, the Secretary of State for Defence accepted the SSRO's recommendation for a 10.6% baseline profit rate for the coming year (2015/2016 ...
Multisourcing is the concept of working with multiple suppliers who are also competitors. [1] Large-scale buyers, such as the U.S. federal government, may want to feel assured that there is more than one supplier for an item.
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
Sola scriptura (Latin for 'by scripture alone') is a Christian theological doctrine held by most Protestant Christian denominations, in particular the Lutheran and Reformed traditions, [1] [2] that posits the Bible as the sole infallible source of authority for Christian faith and practice. [2]
For example, a 1-cup serving of a low-sodium vegetable soup contains 549 milligrams of potassium (12% of the Daily Value). Related: What Happens to Your Body When You Eat Potassium.
The second and follow-on sole source to Oshkosh contract allows for 6,262 JLTVs to be ordered by November 2023. In September 2020 a Justification and Approval (J&A) for up to an additional 6,262 JLTVs was granted, the original notice published in June 2020.
Several Hollywood stars, including Jelly Roll, Jessica Simpson and Kathy Bates, showed off dramatic transformations in 2024 after dropping 100 pounds during their weight-loss journey.