FEDERAL · 41 U.S.C. · Chapter 1

Responsible source

Current through Pub. L. 119-102
Title 41Public Contracts·Ch. 1 — DEFINITIONS·Subch. I

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 (

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Source Credit

History

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