government contracts
State-awarded business agreements
Government contracts are formal agreements between a government agency and a private entity to provide goods or services.
The term often carries connotations of bureaucratic complexity, competitive bidding processes, and lucrative opportunities: Defense contractors rely heavily on government contracts.
Scandals involving cost overruns, no-bid awards, or political favoritism have given the phrase a slightly cynical edge in public discourse.
- tenderingFormally offering something
- biddingOffering prices or obeying
- sole sourceOnly available supplier
- procurementObtaining goods externally
- complianceAdhering to requirements
lowest bidder · kickbacks · anti-corruption laws · regulatory oversight · clearance · security clearance · red tape · ethical standards · revolving door · auditors · cost overruns · set-aside · pork barrel · legal advisors · dispute resolution · dispute mediation · Pentagon · awarded
- contractsbinding contracts, lease, clause, oral, severance package
- government spendingfederal budget, expenditures, allocations, military spending, defense spending
- defense procurementdefense contracts, military procurement, military contracts, defense contracting, bidding
- public lawconstitutional law, administrative law, statutory law, statute, code
- biddingbid, bidder, bidding, auction, opening bid
- fiscal policybudget deficit, deficit spending, national budget, budget surplus, budget deficits
government contractshandshake deals
Informal contracts without paperwork
informal agreements · gentleman's agreements · under-the-table deals