Having millions and even billions of dollars recurring spending, the United States government and its federal agencies are known to be the world’s largest buyer of products and services. The federal ...

During the course of business, organizations enter into contracts with vendors, customers, employees and suppliers. As an agreement that is legally binding, contracts contain specific wording that can ...

A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Suzanne is a ...

The General Services Administration is foot-stomping one of the main goals of the Revolutionary FAR Overhaul: give more flexibility and authority to contracting officers. Jeffrey Koses, GSA’s senior ...

A contract is a written agreement between WMU and a non-WMU business or entity which includes mutual promises and obligations that are intended to be enforceable by law. There are financial, legal, ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...