Palantir
More on the $100M worth of defense contracts yesterday —
All contracts included: “This award is the result of a sole source aqqusition.”
Single source procurement is when there are multiple vendors to choose from but you decide to go with one of them.
Sole source refers to a situation when another company was even bidding for the contracts because no one else was capable to provide the services.
Palantir was the only company available, for these 3 contracts, to even provide the data analytic services required.
There was no competition.
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