What Is a Government Follow on Contract

If you are wondering about what a government follow on contract is, then this article is for you. In this article, we will provide you with a basic understanding of what a government follow on contract is, its significance, and how it works.

What is a Government Follow On Contract?

A government follow on contract is a type of contract that the government offers to a contractor who has already completed a government contract. The government follows on the contract to continue the services that the contractor provided under the previous contract. The government may issue a follow on contract to the same contractor because they have expertise in the area. The government may also issue a follow on contract to the contractor because the government has already invested in the contractor and wants to continue working with them.

Significance of a Government Follow On Contract

There are several significant benefits of a government follow on contract. One of the most significant benefits is continuity of service. When the government issues a follow on contract, they ensure that they receive the same high-quality service that they received under the previous contract. The government can also save time and resources because it does not need to go through the entire bidding process again.

Another significance of the government follow on contract is that it provides stability to the contractor. The contractor does not need to go through the bidding process again, which can be time-consuming and expensive. The contractor may also receive more significant benefits like a longer contract term, larger budgets, and more flexibility if offered a follow on contract.

How a Government Follow On Contract Works

The government follow on contract process is straightforward. Once the government has completed a contract with a contractor, they may issue a follow on contract to the same contractor. The government will evaluate the work that the contractor completed under the previous contract to determine if the contractor is suitable for the new contract.

The government will then negotiate the terms of the follow on contract with the contractor. The terms will include the length of the contract, the budget, and any other requirements. Once the government and the contractor have agreed on the terms, they will sign the contract.

Conclusion

In conclusion, a government follow on contract is a contract that the government issues to a contractor who has already completed a government contract. The government follows on the contract to continue the services that the contractor provided under the previous contract. The significance of a government follow on contract includes continuity of service, stability for the contractor, and time savings and resources for the government. The process of issuing a government follow on contract is straightforward and involves evaluating the contractor`s work under the previous contract and negotiating the terms of the new contract.