Nonprofit Scientific Research and Development Organization
Conducting Impartial Assessments and Delivering the Best Solutions for Our Clients,
Regardless of Source
Concurrent Technologies Corporation (CTC) is an independent, nonprofit,
applied scientific research and development professional services organization.
CTC collaborates with its technology transition affiliate,
Enterprise Ventures Corporation, to provide transformative, full lifecycle solutions through research, development,
test, and evaluation work. To best serve our clients’ needs, we offer the complete
ability to fully design, develop, test, prototype, and build. We deliver robust,
technical, and innovative solutions that safeguard our national security, retain U.S.
technological advantage, and ensure the primacy of American manufacturing.
What Does Being ‘Independent’ Mean for CTC?
Being independent means CTC is not a supporting organization to any other entity and we do not
endorse products or services. As such, we provide unbiased and objective analyses, assessments,
recommendations, and advice to the clients we serve.
How Does Being a Nonprofit Enhance CTC’s Ability to Serve Clients?
To our clients, our nonprofit status means that we will not put profit above finding the right solution.
We make decisions based on what will help us to achieve the best possible results for our clients.
Because CTC is accountable ultimately to our clients and their best interests, not to shareholders,
we have no bias toward proprietary technology. We are able to be a true partner to our clients,
conducting impartial assessments and delivering the best solution for their missions, regardless of source.
CTC is exempt from income tax under Internal Revenue Code of 1986 (IRC) section 501(c)(3). U.S.
Federal Acquisition Regulation Section 6.302-3 (a)(2)(ii), as authorized by 10 U.S. Code (U.S.C.) 3204(a)(3)
and 41 U.S.C. 3304(a)(3) allows U.S. Government agencies to award a contract to a nonprofit institution without
full and open competition, to establish or maintain an essential engineering, research, or development capability.
As a nonprofit organization, U.S. Government agencies may acquire CTC’s support through sole source procurement, among other contracting options.
