Protecting Trade Secrets Trade Secrets Intellectual Property
What about protecting trade secrets when dealing with federal government?
The Federal government has specific guidelines for protecting trade secrets, although (surprise) its nomenclature is somewhat different than the private sector. The Federal government recognizes protection for “technical data rights” as well as “cost and pricing information”. The onus is on the private parties to ensure that all the trade secrets are clearly marked.
The Federal government has many specific clauses governing the protection and use of trade secrets and unless you and your lawyer knows what s/he is doing, a trade secret holder could easily lose his/her rights if not careful. Therefore, it is best to consult with a government contract/intellectual property specialist before submitting a bid or proposal for the government’s consideration.
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