Government Contracting

Unlocking Opportunities: The Transformative Power of Sole-Source Contracts for Service-Disabled Veteran-Owned Small Businesses

Introduction to Sole-Source Contracts Sole-source contracts represent a specific procurement method wherein a government agency awards a contract to a single supplier without engaging in a competitive bidding process. Unlike traditional procurement which requires multiple bids to ensure fairness and cost-effectiveness, sole-source contracts allow for a more streamlined approach. This method is...