Responsible Source Law and Legal Definition
Pursuant to 41 USCS § 403 [Title 41. Public Contracts; Chapter 7. Office of Federal Procurement Policy], the term responsible source means “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.”
Legal Definition list
- Responsible Program Official
- Responsible Person
- Responsible Governmental Agency [Education]
- Responsible DOT Official
- Responsible Department Official [Education]
- Responsible Source
- Responsible Supervision and Control
- Responsibly Connected [Agricultural Marketing Service]
- Responsive Action
- Responsive Applications [Railroad Acquisition]
- Responsive Bid
Related Legal Terms
- Acceptable Medical Source
- Accountable Sealed Radioactive Source
- Aging and Disability Resource Center
- Agricultural Nonpoint Source Pollution
- Agricultural Resource
- Agricultural Resource Management Plan
- Agricultural Resource Management Survey
- All-Source Intelligence
- Animal Resource Manager
- Antarctic Marine Living Resource Convention Act of 1984
