Term
| Acquiring supplies or services by contract with appropriated funds |
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Definition
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| Services provided under contract by non-governmental sources to support or improve organizational policy development, decision-making, management and administration |
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Definition
| Advisory and Assistance Services |
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Term
1. Management and professional Support Services
2. Studies, analyses, and evaluations
3. Engineering and technical services |
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Definition
| Types of Advisory and Assistance Services |
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Term
| The expected outcome of an acquisition that, in the government's estimation, provides the greatest overall benefit in response to the requirement |
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Term
| A contract where the requirements have been consolidated |
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Term
| Consolidating two or more requirements for supplies or services, previously performed under small contracts |
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| Is the definition of Bundling applicable to contracts awarded and performed outside of the United States? |
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Term
| A "certified" written demand [per FAR 33.206(a)] seeking, as a matter of right, payment of money in a sum certain, or adjustment of contract terms |
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| Any item, other than real property, that is of a type customarily used for nongovernmental purposes and that has been sold, leased, or licensed to the general public, or available to the general public in time to satisfy delivery requirements. Includes installation, maintenance, repair and training services |
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Term
| A mutually binding legal relationship obligating the seller to funish supplies or services, and the buyer to pay for them. Does not include grants or cooperative agreements |
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| Purchasing, renting, leasing or obtaining supplies or services from nonfederal sources |
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Term
| A person with the authority to enter into, administer, and/or terminate contracts |
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Term
| Electronic techniques for accomplishing business transactions |
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Term
| The percentage, or dollar factor, that expresses the ratio of indirect expenses incurred in a given period to direct labor, manufacturing, or other appropriate cost base for the same period |
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Term
| Collecting and analyzing information about capabilities within the market to satisfy agency needs |
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Term
| An acquisition of supplies or services using SAP, the aggregate amount of which does not exceed $3,000 |
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Definition
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Term
$3,000 for most requirements
$2,000 for Davis-Bacon Act
$2,500 for Service Contract Act
$15,000 for contingency operations in US
$30,000 for contingency operations outside US |
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Definition
| Micro-purchase Thresholds |
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Term
| Any previously developed item of supply used exclusively for governmental purposes, or customarily available with minor modifications |
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Term
| Any previously developed item of supply used exclusively for governmental purposes, or customarily available with minor modifications |
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Term
| A response to a solicitation that, if accepted, would bind the offeror to perform the resultant contract |
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Term
| A "offer" in response to an IFB |
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Term
| An "offer" in response to an RFP |
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Term
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Definition
Quote
Note: Quotes are NOT offers and do not bind the contractor to perform. |
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Term
| An acquisition structured around the results to be achieved as opposed to the manner by which the work is to be performed. |
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Definition
| Performance-based Acquisition |
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Term
$150,000 for most contract actions
$300,000 for contingency inside US
$1M for contingency outside US |
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Definition
| Simplified Acquisition Threshold (SAT) |
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