(Q(Q003) The government's power to set conditions on companies seeking to sell goods or services to government agencies is known as power.003) The government's power to set conditions on companies seeking to sell goods or services to government agencies is known as power.

Power means ownership of the capacity to exert energy, superiority or control, the freedom to law or rule, as well as to decide.
Government authority to establish requirements for businesses wanting to sell products or services to the state or government authorities termed as Contracting Power.

Therefore, the above is the right answer.

(Q(Q003) The government's power to set conditions on companies seeking to sell goods or services to government agencies is known as __________ power.003) The government's power to set conditions on companies seeking to sell goods or services to government agencies is known as __________ power.