United States Code (Last Updated: May 24, 2014) |
Title 41. PUBLIC CONTRACTS |
SubTitle I. Federal Procurement Policy |
Division A. General |
Chapter 1. DEFINITIONS |
SubChapter I. SUBTITLE DEFINITIONS |
§ 113. Responsible source
Latest version.
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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 (7) is otherwise qualified and eligible to receive an award under applicable laws and regulations.
Historical And Revision
Historical and Revision Notes | ||
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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
113 | 41:259(c)(5). | June 30, 1949, ch. 288, title III, § 309(c)(5), as added Pub. L. 98–369, title VII, § 2711(a)(3), July 18, 1984, 98 Stat. 1180; Pub. L. 98–577, title V, § 504(a)(4), Oct. 30, 1984, 98 Stat. 3086; Pub. L. 103–355, title I, § 1551, Oct. 13, 1994, 108 Stat. 3299. |
| 41:403(7). | Pub. L. 93–400, § 4(7), formerly § 4(8), as added Pub. L. 98–369, title VII, § 2731(3), July 18, 1984, 98 Stat. 1195; Pub. L. 98–577, title I, § 102(2), Oct. 30, 1984, 98 Stat. 3067; redesignated as § 4(7), Pub. L. 100–679, § 3(c), Nov. 17, 1988, 102 Stat. 4056; Pub. L. 103–355, title VIII, § 8001(b)(1)–(3), Oct. 13, 1994, 108 Stat. 3386. |