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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.
Use of "sole source" contracts without proper justification. Use of prequalification standards in specifications to unnecessarily exclude otherwise qualified contractors. Dividing requirements to qualify for small-purchase procedures to avoid scrutiny for contract review procedures of larger purchases.
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 ...
Qualifying businesses can compete for contracts that are set aside specifically for members of the program. Federal law requires 23% of those orders go to small business sellers. The 8(a) Business ...
The Department of Defense awarded eight contracts Wednesday, worth just under $956 million in combined value. Veteran defense contractor Northrop Grumman claimed the largest award -- $617 million ...
As of 2020, the contract offered more than 3 million products, services, and solutions from more than 8000 manufacturers. [10] NASA SEWP was the first GWAC in the Federal Acquisition arena and the original contract was awarded in 1993. SEWP II was awarded in 1996, SEWP III in 2001, SEWP IV in May 2007 [13] and SEWP V in May 2015. [3]
A sources sought (often capitalized as Sources Sought) notice is used by agencies of the government of the United States to solicit interest in a project under consideration by that agency.
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