InvestorsHub Logo
Followers 29
Posts 8687
Boards Moderated 0
Alias Born 07/06/2009

Re: KZMike post# 2758

Friday, 07/01/2011 3:17:47 PM

Friday, July 01, 2011 3:17:47 PM

Post# of 28692
Mike it's Commercial Off-The-Shelf

"Commercial off-the-shelfFrom Wikipedia, the free encyclopediaJump to: navigation, search
In the United States, Commercially available Off-The-Shelf (COTS) is a Federal Acquisition Regulation (FAR) term defining a nondevelopmental item (NDI) of supply that is both commercial and sold in substantial quantities in the commercial marketplace, and that can be procured or utilized under government contract in the same precise form as available to the general public. For example, technology related items, such as computer software, hardware systems or free software with commercial support, and construction materials qualify, but bulk cargo, such as agricultural or petroleum products, do not.

COTS purchases are alternatives to in-house developments or one-off government-funded developments. COTS typically requires configuration that is tailored for specific uses. The use of COTS has been mandated across many government and business programs, as such products may offer significant savings in procurement, development, and maintenance."