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. They are not requests for proposals or invitations to bid; sources sought come earlier in the procurement process. [1]
Such notices are useful to the agency as market research, by determining the availability of contractors to perform the project. They are useful to the contractors as their responses may influence the terms by which the agency defines the requirements of the project. [2] The notices are published online by the General Services Administration of the federal government. [3]
In the United Kingdom, the Department for International Trade relays some US Sources Sought notices to UK industry as part of its drive to promote UK exports ("Exporting is Great"). [4]
In the United States, the Department of Commerce is an executive department of the federal government concerned with promoting economic growth. Among its tasks are gathering economic and demographic data for business and government decision-making, and helping to set industrial standards. This organization's main purpose is to create jobs, promote economic growth, encourage sustainable development and block harmful trade practices of other nations. The Department of Commerce headquarters is the Herbert C. Hoover Building in Washington, DC. Wilbur Ross is the current Commerce secretary.
The Office of the United States Trade Representative (USTR) is the United States government agency responsible for developing and recommending United States trade policy to the president of the United States, conducting trade negotiations at bilateral and multilateral levels, and coordinating trade policy within the government through the interagency Trade Policy Staff Committee (TPSC) and Trade Policy Review Group (TPRG).
The General Services Administration (GSA) is an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government-wide cost-minimizing policies and other management tasks.
International Traffic in Arms Regulations (ITAR) is a United States regulatory regime to restrict and control the export of defense and military related technologies to safeguard U.S. national security and further U.S. foreign policy objectives.
The Foreign Agricultural Service (FAS) is the foreign affairs agency with primary responsibility for the United States Department of Agriculture's (USDA) overseas programs — market development, international trade agreements and negotiations, and the collection of statistics and market information. It also administers the USDA's export credit guarantee and food aid programs and helps increase income and food availability in developing nations by mobilizing expertise for agriculturally led economic growth. The FAS mission statement reads, "Linking U.S. agriculture to the world to enhance export opportunities and global food security," and its motto is "Linking U.S. Agriculture to the World."
The Commodity Credit Corporation (CCC) is a wholly owned United States government corporation that was created in 1933 to "stabilize, support, and protect farm income and prices". The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities.
The processes of government procurement in the United States enable federal, state and local government bodies in the United States to acquire goods, services, and interests in real property.
Government procurement or public procurement is the procurement of goods, services and works on behalf of a public authority, such as a government agency. With 12 percent of global GDP in 2018, government procurement accounts for a substantial part of the global economy.
Executive Schedule is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Senate. They include members of the president's Cabinet, several top-ranking officials of each executive department, the directors of some of the more prominent departmental and independent agencies, and several members of the Executive Office of the President.
The International Trade Centre (ITC) is a multilateral agency which has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD).
The Export Yellow Pages (EYP), was a multi-media trade and promotion resource for exporters that provides U.S. companies, exporters and export related service providers across all industries a convenient way to engage in export promotion and establish contacts and conduct business and trade around the globe with international buyers. Through the EYP, the Department of Commerce offers all U.S. companies and service providers a free online and print business directory listing and access to the directory and multi-media export. The Export Yellow Pages is located at http://www.exportyellowpages.com.
The United States Government sets aside contract benefits for companies considered to be "Service-Disabled Veteran-Owned Small Business" (SDVOSB). The most notable of these contracts are the Veterans Government-wide Acquisition Contracts issued in accordance with Executive Order 13360, which is designed to strengthen federal contracting opportunities for SDVO firms. The current VETS contract runs from 23 February 2018 to 22 February 2028. This program has a ceiling of $5 billion. While this money is set aside by the Office of Federal Procurement it is up to the government agencies to provide the contracts, mainly the United States Department of Defense (DoD).
The Canadian Commercial Corporation is a Canadian federal Crown corporation mandated to facilitate international trade on behalf of Canadian industry, particularly with governments of foreign countries. CCC supports the growth of international trade by helping Canadian exporters gain access to foreign government procurement markets. Through a government-to-government contracting approach, CCC positions qualified Canadian exporters to win international contracts with governments abroad while significantly reducing the risks associated with foreign procurement.
Offsets can be defined as provisions to an import agreement, between an exporting foreign company, or possibly a government acting as intermediary, and an importing public entity. The incentive for the exporter results from the conditioning of the core transaction to the acceptance of the offset obligation. Offset agreements often involve trade in military goods and services and are alternatively called: industrial compensations, industrial cooperation, offsets, industrial and regional benefits, balances, juste retour or equilibrium, to define mechanisms more complex than counter-trade. Counter-trade can also be considered one of the many forms of defense offset, to compensate a purchasing country.
An equitable adjustment, in government contracting, is a contract adjustment pursuant to a changes clause, to compensate the contractor expense incurred due to actions of the Government or to compensate the Government for contract reductions. An equitable adjustment includes an allowance for profit; clauses that provide for adjustments, excluding profit, are not considered "equitable adjustments."
The Office of Export Enforcement (OEE) is a part of the United States Department of Commerce, Bureau of Industry and Security.
The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement.
Section 165 of the Surface Transportation Assistance Act of 1982 is a section of the larger STAA that deals with purchases related to rail or road transportation. Unlike the similarly titled Buy American Act (1933), the Buy America Act applies only to purchases related to rail or road transportation, such as the construction of highways, railways, or rapid transit systems. The 1982 provisions also apply to purchases made by third-party agencies, using funds granted by agencies within the United States Department of Transportation.
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