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Government Contracting Glossary

Terms, acronyms and definitions to help you understand federal procurement terminology.

135 results

Terms · 0–9 / Other

8(a) Program

SBA business development program for disadvantaged small businesses.

Terms · A

AbilityOne

Program for employing people who are blind or have severe disabilities.

Terms · A

Active Registration

A current, non-expired SAM.gov registration that allows bidding on contracts.

Terms · A

Affiliation

Related business entities counted together for size determination.

Terms · A

Agency-Level Protest

Bid protest filed directly with the contracting agency rather than GAO or COFC.

Terms · A

Allowable Cost

Cost that can be charged to or reimbursed under a government contract.

Terms · A

Amendment

Official change to a solicitation issued by the contracting officer.

Terms · A

ANC

Alaska Native Corporation eligible for special contracting preferences.

Terms · A

ATO

Authority to Operate is formal authorization for an IT system to process government data.

Terms · A

Award

The government's acceptance of a proposal and creation of a binding contract.

Terms · A

Award Fee

Additional compensation paid to contractors based on performance evaluation.

Terms · B

Banking Verification

Validation of bank account information for electronic payment of contract invoices.

Terms · B

Base Year

Initial mandatory period of a contract before option years.

Terms · B

Best Value

Procurement approach selecting the offer providing greatest overall benefit considering price and non-price factors.

Terms · B

Bid Bond

Guarantee that winning bidder will accept the contract.

Terms · B

BOA

Basic Ordering Agreement - terms and conditions for future orders.

Terms · B

BPA

Blanket Purchase Agreement - simplified ordering arrangement for recurring needs.

Terms · B

Burden Rate

Multiplier applied to direct labor costs to cover indirect expenses and profit.

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