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Responsible source

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Definition Edit

A responsible source is

a prospective contractor who —
(A) has adequate financial resources to perform the contract or the ability to obtain such resources;
(B) is able to comply with the required or proposed delivery or performance schedule, taking into consideration all existing commercial and Government business commitments;
(C) has a satisfactory performance record;
(D) has a satisfactory record of integrity and business ethics;
(E) has the necessary organization, experience, accounting and operational controls, and technical skills, or the ability to obtain such organization, experience, controls, and skills;
(F) has the necessary production, construction, and technical equipment and facilities, or the ability to obtain such equipment and facilities; and
(G) is otherwise qualified and eligible to receive an award under applicable laws and regulations.[1]

References Edit

  1. 41 U.S.C. §403(7).

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