Vendor Identification Program Law and Legal Definition
The Vendor Identification Program (VIP) is a program that helps small businesses in identifying government purchasers for the items they manufacture for large defense contractors. The program also helps SBA to add qualified sources to bidder list, and thereby increase competition. VIP creates better prime contracting opportunities for small businesses. With the aid of the VIP, SBA matches the past procurement history and acquisition needs of the government, and identifies the actual manufacturer of systems, subsystems, components, and spare parts. This helps in speeding up the procurement process and facilitates the participation of small businesses as prime contractors.
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