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  2. Government procurement in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_procurement_in...

    One approach to analysing government procurement of large systems such as weapons systems is to use real options analysis. [62] [63] Such procurements can be done in single annual lots ("single-year procurements" or SYPs), or, with Congressional approval, multi-year procurement (MYP) contracts. Multi-year contracts generally lower the risk for ...

  3. IDIQ - Wikipedia

    en.wikipedia.org/wiki/IDIQ

    IDIQ contracts are frequently awarded by various U.S. government agencies, including the General Services Administration (GSA) [6] and Department of Defense. [7] They can be in the form of multi-agency contracts under the Government-Wide Acquisition Contracts (GWAC) system, or they may be government agency-specific contracts. [ 8 ]

  4. Governmentwide acquisition contracts - Wikipedia

    en.wikipedia.org/wiki/Governmentwide_acquisition...

    A GWAC is an acquisition tool that facilitates and streamlines the purchasing of IT solutions by United States federal government departments and agencies, while ensuring that the many government-mandated rules are followed. [1] These rules are complex, deriving from laws and regulations that guide the purchasing processes of each agency.

  5. Top 100 Contractors of the U.S. federal government - Wikipedia

    en.wikipedia.org/wiki/Top_100_Contractors_of_the...

    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.

  6. Federal Acquisition Regulation - Wikipedia

    en.wikipedia.org/wiki/Federal_Acquisition_Regulation

    The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1. It covers many of the contracts issued by the US military and NASA, as well as US civilian federal agencies.

  7. Government procurement - Wikipedia

    en.wikipedia.org/wiki/Government_procurement

    Government procurement in Bulgaria is a critical area in corruption risk. Public procurement contracts have been awarded to a handful of companies amid widespread irregularities, procedure violations and tailor-made selection or award criteria. [101]

  8. System for Award Management - Wikipedia

    en.wikipedia.org/wiki/System_for_Award_Management

    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 ...

  9. Office of Federal Procurement Policy - Wikipedia

    en.wikipedia.org/wiki/Office_of_Federal...

    [2] [3] OFPP provides overall direction for government-wide procurement procedures and "to promote economy, efficiency, and effectiveness in acquisition processes." OFPP is headed by an Administrator who is appointed by the President and confirmed by the Senate. [ 4 ]