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OMB assists the President in overseeing the preparation of the Federal budget and evaluates the effectiveness of agency programs, policies, and procedures, and works to make sure that agency reports, rules, testimony, and proposed legislation are consistent with the President's Budget and with Administration policies. In addition, OMB oversees and coordinates the Administration's regulatory, procurement, financial management, information technology, and information management policies.
The Office of Federal Procurement Policy (OFPP) in the Office of Management and Budget plays a central role in shaping the policies and practices federal agencies use to acquire the goods and services they need to carry out their responsibilities. OFPP was established by Congress in 1974 to provide overall direction for government-wide procurement policies, regulations and procedures and to promote economy, efficiency, and effectiveness in acquisition processes. OFPP is headed by an Administrator who is appointed by the President and confirmed by the Senate.
The executive branch, through all of the various agencies, enters into contracts and expends funds to achieve their congressionally-defined mission. The agencies include:
GSA’s mission is to use expertise to provide innovative solutions for our customers in support of their missions and by so doing, foster an effective, sustainable, and transparent government for the American people. Under the GSA Schedules program, GSA establishes long-term government wide contracts with commercial firms to provide access to millions of commercial supplies (products) and services at volume discount pricing.
The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.
Chief contractor who has a contract with the government agency administering a project or job, and has the full responsibility for its completion. A prime contractor undertakes to perform a complete contract, and may employ (and manage) one or more subcontractors to carry out specific parts of the contract. Also called prime vendor.
Works with the Prime Contractor to complete a specified portion of the contract. The subcontractor in most cases reports to the Prime Contractor. The prime contract (i.e. the contract between the government and its contractors) is governed by the federal common law while the contracts between the prime contractor and its subcontractors are governed by the contract law of the respective states.back to top
The federal government works in conjunction with private businesses to effectively operate on a daily basis. Not only does the government acquire goods and services from private businesses, it also relies heavily on the private sector for research, innovation, and solutions to problems and opportunities that occur every day.
While the government conducts business with many of the largest companies in the U.S., they also understand the importance of small and medium-sized businesses to the overall health and growth of the U.S. economy. Small and medium-sized business account for the majority of jobs created in the U.S. annually, and are at the forefront of the various U.S. innovation initiatives. Therefore, the U.S. government has rules and guidelines in place to ensure small and medium-sized businesses are able to compete in and benefit from the opportunities provided through government contracting.
Beneficiaries from this structure include the U.S. government; small, medium and large-sized U.S. businesses; and the U.S. consumer.back to top