41 U.S.C. § 113 — Responsible source

submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 128 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law defines a "responsible source" for federal contracting — a company qualified to win a government contract. It must have the money, ability, track record, and equipment, or the ability to get them, to do the job properly and honestly.

In this subtitle, a "responsible source" is a prospective contractor who: (1) has enough financial resources to perform the contract, or can get them; (2) can meet the required or proposed delivery or performance schedule, taking into account its other existing business commitments; (3) has a satisfactory record of performance; (4) has a satisfactory record of integrity and business ethics; (5) has the organization, experience, accounting and operational controls, and technical skills needed — or can get them; (6) has the production, construction, and technical equipment and facilities needed — or can get them; and (7) is otherwise qualified and eligible for an award under the applicable laws and regulations.

the actual law source: uscode.house.gov ↗public domain

In this subtitle, the term “responsible source” means a prospective contractor that—

(1)

has adequate financial resources to perform the contract or the ability to obtain those resources;

(2)

is able to comply with the required or proposed delivery or performance schedule, taking into consideration all existing commercial and Government business commitments;

(3)

has a satisfactory performance record;

(4)

has a satisfactory record of integrity and business ethics;

(5)

has the necessary organization, experience, accounting and operational controls, and technical skills, or the ability to obtain the organization, experience, controls, and skills;

(6)

has the necessary production, construction, and technical equipment and facilities, or the ability to obtain the equipment and facilities; and

(7)

is otherwise qualified and eligible to receive an award under applicable laws and regulations.

Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3681.)

history & why it existsrecord from the source credit

2011Enacted · Pub. L. 111-350 · 124 Stat. 3681

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.

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