§ 113. Responsible source

In this subtitle, the term “responsible source” means a prospective contractor that—

• (1) has adequate financial resources to perform the contract or the ability to obtain those resources;
• (2) is able to comply with the required or proposed delivery or performance schedule, taking into consideration all existing commercial and Government business commitments;
• (3) has a satisfactory performance record;
• (4) has a satisfactory record of integrity and business ethics;
• (5) has the necessary organization, experience, accounting and operational controls, and technical skills, or the ability to obtain the organization, experience, controls, and skills;
• (6) has the necessary production, construction, and technical equipment and facilities, or the ability to obtain the equipment and facilities; and
• (7) is otherwise qualified and eligible to receive an award under applicable laws and regulations.