Federal Contracting
/ˈfedərəl kənˌtræktɪŋ/
Definitions
- (n.) The process by which federal government agencies acquire goods, services, and construction through legally regulated agreements with private parties.
Federal contracting requires strict adherence to procurement regulations and competitive bidding procedures.
Forms
- federal contracting
Related terms
See also
Commentary
Federal contracting is governed by a complex system of statutes and regulations that ensure transparency, fairness, and accountability in the use of public funds.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.