🎴 Flashcard Mode
Negotiation Law: Government Contracts and Procurement
Card1 / 15
Mastered0
Review0
QuestionClick to flip
What is the purpose of the Competition in Contracting Act (CICA)?
AnswerClick to flip back
A
To promote competition in government contracting.
💡 Explanation:
The Competition in Contracting Act (CICA) is a federal law that promotes competition in government contracting by requiring government agencies to use competitive bidding procedures when awarding contracts.