Government procurement often gets a (not altogether undeserved) bad rap as a cumbersome process that is lacking in imagination and innovation.

Today more than ever, however, the federal government is making use of cutting-edge procedures and methods to attract commercial companies to government contracting and to encourage modernization and efficiency in procurements.

Here we discuss some of the creative tools being used to benefit both contractors and the government, including other transaction agreements, contests, public-private partnerships, and other novel approaches.

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