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A first nearby is a time series comprising the price, at each point in time, of the nearest-to-maturity contract. The second nearby comprises the price, at each point in time, of the second nearest-to-maturity contract, etc.
The most common types of government contracts are fixed-price, cost-reimbursement, and indefinite delivery/indefinite quantity (IDIQ) contracts due to their distinct characteristics that cater to government procurements various needs and risk profiles.
The First Source law was first enacted in January, 1984. The purpose of the law was to get D.C. residents hired on projects receiving some form of government assistance in excess of $100,000. The law stated that 51% of new hires must be D.C. residents.
Preamble- The first paragraph of the contract.
FirstSource III is a 100% small business set-aside with five (5) separate set-aside tracks to include the four (4) small business socio-economic contracting programs: (1) 8(a); (2) Historically Underutilized Business Zone (HUBZone); (3) Service-Disabled Veteran-Owned Small Business (SDVOSB); and (4) Women-Owned Small
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