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The Fly America Act is incorporated into the Federal Acquisition Regulations (FAR) at Subpart 47.4—Air Transportation by U.S.‑Flag Carriers and is, therefore, applicable to all U.S. government contracts issued to U.S. and non‑U.S. companies, except for commercial item contractors, which are exempt from the act under Part 12.503 of the FAR.
The Department of Defense obligated around $550 billion to government contracts in 2024, more than half of all government spending on contractors. Some analysts estimate the department could save ...
Independent research and development (IR&D or IRAD) [32] is a term used to describe the research and development activities carried out independently by government contractors, typically at their own expense. These activities, which exist outside of any specific government contracts, are intended to enhance the contractors' technical capabilities.
A government contract flight is a type of charter airline operation contracted with a government agency. In the United States , the massive mobility requirements during World War II proved that military transport could not meet all the logistical needs that might arise.
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.
Private parties entering into a contract with one another (i.e., commercial contracts) have more freedom to establish a broad range of contract terms by mutual consent compared to a private party entering into a contract with the Federal Government. Each private party represents its own interests and can obligate itself in any lawful manner.
A Contracting Officer's Technical Representative (COTR) is a business communications liaison between the United States government and a private contractor.The COTR is normally a federal or state employee who is responsible for recommending actions and expenditures for both standard delivery orders and task orders, and those that fall outside of the normal business practices of its supporting ...
Any DoD contract involving the production, modification, maintenance, repair, or overhaul of aircraft must contain one of these two clauses which requires the US Government to assign a GFR to oversee the contractor's operations. These two clauses serve to both indemnify the contractor (reducing program expenses) and also to help protect the assets.
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