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CONSOLIDATION VERSUS BUNDLING In short, contract bundling is a subset of contract consolidation which effectively precludes participation by small business because small businesses cannot perform the contract.

Consolidation processes consist of the assembly of smaller objects into a single product in order to achieve a desired geometry, structure, or property. These processes rely on the application of mechanical, chemical, or thermal energy to effect consolidation and achieve bonding between objects.

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Contract consolidation occurs when a single contract is awarded to satisfy two or more requirements for supplies/services previously performed under two or more separate contracts, each of which was lower in cost than cost of the new contract.

Bundling refers to a subset of consolidation. FAR 2.101 defines ?bundling? as follows: (1) Means a subset of consolidation that combines two or more requirements for supplies or. services, previously provided or performed under separate smaller contracts (see paragraph (2) of.

To bring together (separate parts) into a single or unified whole; unite; combine: They consolidated their three companies. to discard the unused or unwanted items of and organize the remaining: She consolidated her home library.

Contract consolidation occurs when a single contract is awarded to satisfy two or more requirements for supplies/services previously performed under two or more separate contracts, each of which was lower in cost than cost of the new contract.

Data consolidation is a very important step in integration and data management processes. It makes all data management information available quickly and easily, and having all data in one place increases productivity and efficiency.

A contract asset is an entity's right to consideration in exchange for goods or services that the entity has transferred to a customer. An entity shall assess a contract asset for impairment in accordance with Topic 310 on receivables.

Combined Contracts means any contracts, arrangements or agreements that apply to the Assets and to any other business or asset of Sellers and their Affiliates. Combined Contracts means contracts between Seller and Customers that include Managed Services and Other Services in the same contract.