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* Walsh-Healy Act *
WALSH-HEALY ACT - A public law designed to prevent the practice of "bid brokering", i.e., the practice of buying items and then reselling them to the Government without the adding of any value to the item by the reseller. The Act provides that contracts subject to its provisions (generally contracts over $10,000) may be awarded only to "manufacturers" or "regular dealers", as defined.
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