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The Professional Services Council (PSC) is the national trade association of the government professional and technical services industry.  In 2008, PSC and the Contract Services Association of America (CSA) merged to create a single voice representing the full range and diversity of the government services sector. It’s solely focused on preserving, improving, and expanding the […]

A nonprofit organization is an organization whose goal do not include a personal profit for its owners or organization.  Nonprofit organizations often do strive for internal gains, but they use them to meet their social or educational goals rather than for personal profit.  [1] Ownership is the quantitative difference between for- and not-for-profit organizations. For-profit

Free-rein leadership, also called Laissez-Faire, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Managers set objectives, and employees are free to do whatever is appropriate to accomplish those objectives. The traits managers need in such an organization include warmth, friendliness, and understanding.  Free-rein is

The Government-Industry Data Exchange Program (GIDEP) is a Department of Defense (DoD) program established to promote and facilitate the sharing of technical information between government agencies and industry partners to increase systems safety, reliability, and readiness and to reduce systems development, production, and ownership costs. GIDEP has been designated by OMB Policy Letter 91-3 as

A Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because similar to a corporation, owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership, providing management flexibility and the benefit of pass-through taxation. [1] The federal

The Federal Data Procurement System (FPDS) – Next Generation (NG) is a single source for US government-wide procurement data. The system is managed by the General Services Administration (GSA), which is operated and maintained by Global Computer Enterprises. The FPDS-NG is the current central repository of information on Federal contracting. The system contains detailed information

  A Franchise is a form of business that agrees to the rights to sell the product or services of an established business and use their name in a given territory. A franchisee is a person who buys a franchise and signs a franchise agreement.  A franchise can be a sole proprietorship, a partnership or

An Economic Analysis (EA) is a systematic approach to selecting the most efficient and cost-effective strategy for satisfying a business or agency’s need.  An EA evaluates the relative worth of different technical alternatives, design solutions, and/or acquisition strategies, and provides the means for identifying and documenting the costs and associated benefits of each alternative to