The Federal Tort Claims Act (FTCA), established in 1946, is the legal mechanism for compensating people who have suffered personal injury due to the negligent or wrongful action of employees of the U.S. government.
Federal procurement is the process used by national governments to purchase or lease goods and services. Specific procedures may differ between countries, yet the goals for procurement policies are very similar.
Procurement is a term commonly used in the energy industry as many retailers must procure gas, electricity and/or other energy sources through trading activities, such as buying futures contracts. Procurement is also the term used for purchasing goods and services on behalf of the government.