Multi-award contracts soar as U.S. lines up pools of suppliers
http://dervishcom.blogspot.com/2011/12/multi-award-contracts-soar-as-us-lines.html
U.S. government spending on multiple-award contracts rose 49 percent, to $121 billion, in four years, more than double the growth rate of all contracting, a Bloomberg Government study shows.
Little known outside the federal contracting community, these agreements are intended to reduce costs by simplifying the buying process. The Defense Department and other agencies hold competitions to pick multiple suppliers rather than a single provider. Once chosen for the pool, the contractors bid against one another for orders as specific needs arise.
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Source: http://feeds.washingtonpost.com/click.phdo?i=b587e46bf993f4646e0612b83197c0fc
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