A “gratis vendor” presents the opportunity that if a company has registered with the United States Federal government as a commercial and government entity (CAGE), and has been assigned a CAGE code, that that company can volunteer as a gratis vendor, providing, at no charge, valuable services or consultations to the government of the United States.
What Secretary of Commerce, Howard Lutnick, Suggests
In the internet age, United States Secretary of Commerce, Howard Lutnick, seems to have coined the term “gratis vendor” because doing searches online yields zero results before he uttered it. At 26:50, in the following video, Secretary Lutnick begins describing the concept:
A gratis vendor is an approved vendor for the United States of America that gives products to the government—doesn’t sell it—so therefore I don’t have to go through the whole process for becoming a proper vendor because you’re giving it to us. And then, if you give it to Article 2, which is the President’s stuff, then the President can accept it. Howard Lutnick | All-In in DC!
How My Property ID Registry Wants to Be a Gratis Vendor
The customers of My Property ID Registry are individuals, homeowners, houses of worships, farmers, ranchers, small businesses, tiny municipalities, mom & pop government contractors and mom & pop defense subcontractors.
The tracing technology for bringing the Federal government into compliance for the global identification and repatriation of lost, missing or stolen (LMS) non-fixed government property was developed in 1995 by the Loss Prevention Certification Board and is available to anyone, including the very largest institutions.
Loss Prevention Standards 1224 and 1225 – My Property ID Registry
My Property ID Registry would be honored to help the Federal government launch and evaluate a pilot program in the hopes it is shown to reduce waste, fraud and abuse.
