Rand Report Law and Legal Definition

The Rand Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. Rand focuses on the issues that matter most such as health, education, national security, international affairs, law and business, the environment, and more. The reports presented by the Rand on the above issues are called Rand Report. One such example in the case of Women-Owned Small Businesses is as follows:

Rand Report presented disparity ratios for Women-Owned Small Businesses (WOSB), computed in four ways: based on number of contracts and on contract dollars for the population of all employer firms, and based on number of contracts and contract dollars for the population of all firms that have registered as potential bidders for federal contracts.