How Many Federal Government Contractors are There?
As a law enthusiast, I`ve always been fascinated by the intricate web of regulations that govern federal government contracting. One most questions me is number contractors work federal government. Let`s this and the world federal government contracting.
Statistics on Federal Government Contractors
According to the latest data from the Federal Procurement Data System, there are approximately 400,000 contractors that work with the federal government. These contractors provide a wide range of goods and services, from construction and IT services to research and development.
Top Federal Government Contractors
Some of the largest federal government contractors include well-known companies such as Lockheed Martin, Boeing, and Raytheon. Companies secure dollars government contracts year play role supporting government initiatives.
Small Business Contractors
It`s just big that federal government contracting. Small businesses play role, accounting substantial federal contracts. In fact, the Small Business Administration reports that the federal government aims to award at least 23% of all prime contract dollars to small businesses.
The world of federal government contracting is a vast and diverse one, with a wide array of companies and organizations working together to support the government`s mission. The sheer number of federal government contractors, from industry giants to small businesses, is a testament to the intricate network of relationships that underpin the federal government`s procurement activities.
References
1. Federal Procurement Data System – https://www.fpds.gov
2. Small Business Administration – https://www.sba.gov
Related Articles
1. The Impact of Government Contracting Laws on Small Businesses
2. Ensuring Compliance with Federal Government Contracting Regulations
Curious about the number of federal government contractors? Get your legal questions answered here!
| Question | Answer |
|---|---|
| 1. How many federal government contractors are there in the United States? | Well, let me tell you, the exact number of federal government contractors in the United States is not publicly disclosed. However, the Federal Procurement Data System (FPDS) provides information on government contracts, including the number of contractors and the value of contracts awarded. It`s web there, rest assured, plenty! |
| 2. Can I find a list of all federal government contractors? | Ah, the elusive list of federal government contractors! Unfortunately, there isn`t a single comprehensive list available to the public. However, FPDS databases provide insights world government contracting. It`s like a treasure hunt, but with data! |
| 3. Are federal government contractors required to disclose their contracts? | Yes, indeed! Federal government contractors are required to report their contracts, subcontracts, and other related information to the government. Transparency is key in the world of government contracting, so rest assured, there`s a paper trail! |
| 4. How can I find out if a company is a federal government contractor? | Well, my curious friend, one way to find out if a company is a federal government contractor is to check the FPDS or other databases for contract information. Additionally, some companies may publicly disclose their government contracts in their financial reports or press releases. It`s like playing detective, but with business records! |
| 5. Are federal government contractors subject to specific regulations? | Oh, absolutely! Federal government contractors are subject to a myriad of regulations, including the Federal Acquisition Regulation (FAR) and agency-specific regulations. Compliance is paramount in the world of government contracting, so contractors need to stay on their toes! |
| 6. Can individuals access information about federal government contractors? | Yes, individuals can access certain information about federal government contractors through public databases like the FPDS. However, some contract details may be restricted due to sensitive or classified nature. It`s like peeking curtain, limitations! |
| 7. Do federal government contractors have to compete for contracts? | Absolutely! Competition is fierce in the world of government contracting. Most contracts are awarded through competitive processes, such as sealed bidding or competitive proposals. It`s like a high-stakes game, but with procurement rules! |
| 8. How are federal government contractors selected for contracts? | Federal government contractors are selected for contracts through a variety of methods, including competitive bidding, sole-source awards, and set-aside programs for small businesses and other socio-economic categories. The government considers factors such as price, technical capability, and past performance when making contract awards. It`s like a puzzle, but with contractor qualifications! |
| 9. Are federal government contractors subject to audits and reviews? | Oh, absolutely! Federal government contractors are subject to audits, reviews, and investigations by government agencies to ensure compliance with contract terms, regulations, and laws. The government takes oversight seriously in the world of government contracting! |
| 10. Can federal government contractors subcontract their work? | Absolutely! Federal government contractors can subcontract portions of their work to other companies, subject to certain limitations and regulations. Subcontracting can be a strategic way for contractors to fulfill their obligations and deliver value to the government. It`s like assembling a team, but with legal agreements! |
Contract for Determining Number of Federal Government Contractors
This contract is entered into on this [Date] between [Party A] and [Party B] to determine the accurate number of federal government contractors currently operating in the United States. This contract outlines the obligations and responsibilities of both parties in carrying out the necessary research and data analysis to obtain the required information.
| 1. Definitions |
|---|
| For the purposes of this contract, the following terms shall have the meanings ascribed to them below: |
| 1.1 “Federal Government Contractors” Refers entities entered contract agreement federal government provision goods, services, construction. |
| 1.2 “Research Data Analysis” Refers collection, review, interpretation relevant information statistics related federal government contracting. |
| 2. Obligations [Party A] |
|---|
| [Party A] shall be responsible for conducting thorough research and data analysis to determine the number of federal government contractors operating in the United States. |
| 3. Obligations [Party B] |
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| [Party B] shall provide necessary resources and access to relevant databases and information to facilitate the research and data analysis conducted by [Party A]. |
| 4. Confidentiality |
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| Both parties agree to maintain strict confidentiality in handling any sensitive information obtained during the research and data analysis process. |
| 5. Governing Law |
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| This contract shall be governed by and construed in accordance with the laws of the United States. |
| 6. Termination |
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| This contract may be terminated by mutual agreement of both parties or in the event of a material breach of any of the terms outlined herein. |
In witness whereof, the parties hereto have executed this contract as of the date first above written.