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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 Federal Procurement Data System (FPDS) is a single source for US government-wide procurement data. [ 1 ] 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 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]
By 2019, those numbers changed slightly. As of 14 January 2019, DCMA had 11,641 civilians and 552 military assigned. Number of contractors and number of active contracts remained roughly constant. Total contracts serviced were valued at $5.2 trillion and authorized contractor payments per day was valued at $678 million. [4]
The Defense Contract Audit Agency was established on January 8, 1965. Previously, the various branches of the military were responsible for their own contract audits and there was little consistency in contract administration and auditing. [2] The first efforts to perform joint audits began with the U.S. Navy and Army Air Corps in 1939.
The Office of Federal Contract Compliance Programs (OFCCP) is part of the U.S. Department of Labor. OFCCP is responsible for ensuring that employers doing business with the federal government comply with the laws and regulations requiring nondiscrimination.
"Business Identification Number Cross-reference System (BINCS)". bpn.gov. Archived from the original on 2004-10-15. Commercial and Government Entity Program; SAM.gov (System for Award Management) "UK National Codification Bureau". mod.uk. "Unique Identification Codes for Federal Contractors: DUNS Numbers and CAGE Codes" (PDF). Congressional ...
In federal government contracting, the specific regulatory authority is required for the Government's agent to enter into the contract, and that agent's bargaining authority is strictly controlled by statutes and regulations reflecting national policy choices and prudential limitations on the right of federal employees to obligate federal funds.