HomeGlossary
Government Contracting Glossary
155 terms and definitions to help you understand federal procurement terminology.
TT7 terms
TAA(Trade Agreements Act)
Trade Agreements Act governs procurement of foreign products and determines which countries qualify for federal contracts.
Official sourceTask Order
Order for services placed against an existing contract like IDIQ.
Termination for Convenience
Government ending contract for its own reasons.
Termination for Default
Government ending contract due to contractor failure.
TIN(Taxpayer Identification Number)
Taxpayer Identification Number - general term for tax IDs including EIN and SSN.
T&M(Time and Materials)
Time and Materials - payment based on labor hours and materials used.
Official sourceTribally-Owned
Business owned by an Indian Tribe with special contracting benefits.
