Procurement
Prime Contractor
A contractor that has a direct contractual relationship with the government or purchasing organization.
In context
How Prime Contractor works in supplier diversity
Prime contractors hold the contract and are responsible for overall performance. They often subcontract portions of work to other businesses. In federal contracting, primes may have subcontracting goals requiring them to use small and diverse suppliers. Being a prime contractor requires significant capabilities, bonding, and past performance.
Example
Real-world example
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