Government contractor
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A government contractor is a private company that produces goods or services under contract for the government. Often the terms of the contract specify cost plus – i.e., the contractor gets paid for its costs, plus a specified profit margin. Laws often require governments to award contracts to the low bidder.[1] Some communities are largely sustained by government contracting activity; for instance, much of the economy of northern Virginia consists of government contractors employed directly or indirectly by the federal government.
[edit] United Kingdom
Section 12(2) and (3) of the Official Secrets Act 1989 define the expression "government contractor" for the purposes of that Act.
[edit] See also
- Defense contractor
- List of United States defense contractors
- Category:Defense companies of the United States
[edit] References
- ^ Antier, Cheryl. "How to Get Started As A Government Contractor". score.org. http://www.score.org/government_contractor.html. Retrieved 2009-04-26.
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