0000123460 00000 n 0000085788 00000 n 451 1780 0000080351 00000 n 0000106962 00000 n 0000119553 00000 n Assignment of claims means the transfer or making over by the contractor to a bank, trust company, or other financing institution, as security for a loan to the contractor, of its right to be paid by the Government for contract performance. The elements may include hardware, equipment, software, or any combination thereof, but exclude construction or other improvements to real property. 0000083647 00000 n 0000145332 00000 n 0000097015 00000 n 0000093924 00000 n Preponderance of the evidence means proof by information that, compared with that opposing it, leads to the conclusion that the fact at issue is more probably true than not. 0000098270 00000 n 0000134032 00000 n 0000093768 00000 n (ii) Guam. hb```b``6g`a`ae@ ^rL 0000077194 00000 n 0000162108 00000 n 0000083016 00000 n On March 6, 2019, the Council approved a notice of proposed interpretive guidance and request for public comment regarding nonbank financial company determinations: Notice of Proposed Interpretive Guidance and Request for Public Comment Regarding Nonbank Financial Company Determinations. 0000137207 00000 n 0000174681 00000 n 0000093271 00000 n 0000157292 00000 n "Termination contracting officer (TCO)" refers to a contracting officer who is settling terminated contracts. 0000151307 00000 n 0000096711 00000 n 0000138084 00000 n 0000076775 00000 n (2) That part, subpart, or section applies to the word or term when used in that part, subpart, or section. 0000128376 00000 n 0000127198 00000 n DMAs describe particular locations or regions where people get the same television and radio options. 0000107708 00000 n 0000172030 00000 n John ("Black Jack") Pershing (September 13, 1860 - July 15, 1948), was a general officer in the United States Army who led the American Expeditionary Forces in World War I. Additionally, the . 0000072335 00000 n 0000113715 00000 n 0000084247 00000 n 0000067160 00000 n Multi-agency contract (MAC) means a task-order or delivery-order contract established by one agency for use by Government agencies to obtain supplies and services, consistent with the Economy Act (see 17.502-2). Creating a Monopoly by Trust A single board of directors could dictate policy (including prices) for several companies for the purpose of monopolizing a market and forcing other competitors out of business. In rendering the foregoing services, outputs may take the form of information, advice, opinions, alternatives, analyses, evaluations, recommendations, training and the day-to-day aid of support personnel needed for the successful performance of ongoing Federal operations. 0000179031 00000 n (3) Awards to HUBZone small business concerns through full and open competition after a price evaluation preference in favor of HUBZone small business concerns. 0000071100 00000 n 0000149143 00000 n 3041 and 41 U.S.C. 0000065062 00000 n 0000093155 00000 n 0000170048 00000 n 0000151130 00000 n 0000152614 00000 n 0000174860 00000 n 0000087474 00000 n 0000064102 00000 n %%EOF 0000153498 00000 n 0000151071 00000 n The manufacture or furnishing of materials, articles, supplies, or equipment (whether or not a Federal or State agency acquires title to such materials, articles, supplies, or equipment during the course of the manufacture or furnishing, or owns the materials from which they are manufactured or furnished) is not "building" or "work" within the meaning of this definition unless conducted in connection with and at the site of such building or work as is described in the foregoing sentence, or under the United States Housing Act of 1937 and the Housing Act of 1949 in the construction or development of the project. 0000092703 00000 n It does not include shift premium, i.e., the difference between the contractor's regular rate of pay to an employee and the higher rate paid for extra-pay-shift work. 0000067734 00000 n chapter 67, Service Contract Labor Standards, $2,500; (3) For acquisitions of supplies or services that, as determined by the head of the agency, are to be used to support a contingency operation; to facilitate defense against or recovery from cyber, nuclear, biological, chemical or radiological attack; to support a request from the Secretary of State or the Administrator of the United States Agency for International Development to facilitate provision of international disaster assistance pursuant to 22 U.S.C. 0000089405 00000 n 0000092441 00000 n Contracting includes description (but not determination) of supplies and services required, selection and solicitation of sources, preparation and award of contracts, and all phases of contract administration. 0000132939 00000 n Change-of-name agreement means a legal instrument executed by the contractor and the Government that recognizes the legal change of name of the contractor without disturbing the original contractual rights and obligations of the parties. The qualities and operating characteristics of an earned value management system are described in Electronic Industries Alliance Standard 748 (EIA-748), Earned Value Management Systems. 0000174158 00000 n 0000068900 00000 n 0000168450 00000 n 0000106217 00000 n 161. 0000105770 00000 n 0000085168 00000 n (4) Technical evaluation plans. 0000148853 00000 n 0000067799 00000 n 0000077731 00000 n 1903), (i) $20,000 in the case of any contract to be awarded and performed, or purchase to be made, inside the United States; and, (ii) $35,000 in the case of any contract to be awarded and performed, or purchase to be made, outside the United States; and, (4) For acquisitions of supplies or services from institutions of higher education ( 20 U.S.C. (10) Other information marked as "Source Selection Information-See FAR 2.101 and 3.104" based on a case-by-case determination by the head of the agency or the contracting officer, that its disclosure would jeopardize the integrity or successful completion of the Federal agency procurement to which the information relates. Qualifying offeror, as used in 13.106-1 and 15.304, means an offeror that is determined to be a responsible source, submits a technically acceptable proposal that conforms to the requirements of the solicitation, and the contracting officer has no reason to believe would be likely to offer other than fair and reasonable pricing ( 10 U.S.C. 0000146915 00000 n NYSE. (10) For use in part 25, see the definition at 25.003. 0000130284 00000 n 0000151543 00000 n 0000166988 00000 n 0000093814 00000 n See www.sam.gov for the designated entity for establishing unique entity identifiers. 0000068767 00000 n 0 0000106100 00000 n 0000167522 00000 n It includes Government-furnished property. Self-insurance means the assumption or retention of the risk of loss by the contractor, whether voluntarily or involuntarily. Special tooling means jigs, dies, fixtures, molds, patterns, taps, gauges, and all components of these items including foundations and similar improvements necessary for installing special tooling, and which are of such a specialized nature that without substantial modification or alteration their use is limited to the development or production of particular supplies or parts thereof or to the performance of particular services. 0000098049 00000 n 0000156412 00000 n A Small Business Teaming Arrangement between the offeror and its small business subcontractor(s) exists through a written agreement between the parties that, (A) Is specifically referred to as a "Small Business Teaming Arrangement"; and. It can also mean the furnishing of professional advice or assistance rendered to improve the effectiveness of Federal management processes or procedures (including those of an engineering and technical nature). (2) "Separate contract" as used in this definition, means a contract that has been performed by any business, including small and other than small business concerns. The servicing agency manages the indefinite-delivery contract but does not participate in the placement or administration of an order. 0000078222 00000 n 1702(c) who is responsible for management direction of the acquisition system of the executive agency, including implementation of the unique acquisition policies, regulations, and standards of the executive agency. 0000118124 00000 n 0000076195 00000 n 0000170774 00000 n 0000117054 00000 n 0000083694 00000 n Information technology means any equipment, or interconnected system(s) or subsystem(s) of equipment, that is used in the automatic acquisition, storage, analysis, evaluation, manipulation, management, movement, control, display, switching, interchange, transmission, or reception of data or information by the agency. 0000111769 00000 n (b) Other parts, subparts, and sections of this regulation (48 CFR chapter 1) may define other words or terms and those definitions only apply to the part, subpart, or section where the word or term is defined. 0000065332 00000 n 0000124366 00000 n 0000086770 00000 n 0000073998 00000 n 0000129195 00000 n 0000154620 00000 n Computer database or "database" means a collection of recorded information in a form capable of, and for the purpose of, being stored in, processed, and operated on by a computer. 0000038806 00000 n 0000079863 00000 n 0000132799 00000 n 0000173907 00000 n 0000167976 00000 n 0000104569 00000 n 0000102100 00000 n (6) The Environmental Protection Acts and Executive orders. 0000169784 00000 n 0000066895 00000 n 0000132345 00000 n 0000065849 00000 n 0000119376 00000 n 5122). 0000177835 00000 n 0000144817 00000 n 0000146565 00000 n 5122), ( 41U.S.C. 0000125148 00000 n Executive agency means an executive department, a military department, or any independent establishment within the meaning of 5 U.S.C.101, 102, and 104(1), respectively, and any wholly owned Government corporation within the meaning of 31 U.S.C.9101. 0000154678 00000 n 0000135099 00000 n 0000142181 00000 n Substantially as follows or "substantially the same as," when used in the prescription and introductory text of a provision or clause, means that authorization is granted to prepare and utilize a variation of that provision or clause to accommodate requirements that are peculiar to an individual acquisition; provided that the variation includes the salient features of the FAR provision or clause, and is not inconsistent with the intent, principle, and substance of the FAR provision or clause or related coverage of the subject matter. 0000128952 00000 n This term does not include computer software or financial, administrative, cost or pricing, or management data or other information incidental to contract administration. 0000173028 00000 n 0000154148 00000 n 0000118593 00000 n 0000175900 00000 n 0000069681 00000 n 0000173661 00000 n 0000074959 00000 n 0000141829 00000 n 0000091921 00000 n 0000109691 00000 n 0000169850 00000 n 0000110502 00000 n 0000150865 00000 n 0000152069 00000 n 0000138334 00000 n 0000138868 00000 n 0000084532 00000 n Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. (1) Is designated by the Secretary of Defense as an operation in which members of the armed forces are or may become involved in military actions, operations, or hostilities against an enemy of the United States or against an opposing military force; or (ii) A higher threshold, as determined appropriate by the head of the agency and consistent with clean audit findings under 31 U.S.C. A market maker or liquidity provider is a company or an individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the bid-ask spread, or turn. Statement of Objectives (SOO) means a Government-prepared document incorporated into the solicitation that states the overall performance objectives. 0000139930 00000 n Market research means collecting and analyzing information about capabilities within the market to satisfy agency needs. (iii) U.S. Virgin Islands; and. 0000163506 00000 n (3) Information on changes in production methods and in production or purchasing volume; (4) Data supporting projections of business prospects and objectives and related operations costs; (5) Unit-cost trends such as those associated with labor efficiency; (7) Estimated resources to attain business goals; and. (3) See 13 CFR 121.103(b)(9) regarding the exception to affiliation for offers received from Small Business Teaming Arrangements in the case of a solicitation of offers for a bundled contract with a reserve. 0000144369 00000 n The Registry is accessed via the Internet at https://www.sam.gov, Search Records, Advanced Search, Disaster Response Registry Search. 0000177207 00000 n 0000138275 00000 n 0000113458 00000 n 0000103790 00000 n 0000157840 00000 n 0000179372 00000 n (ii) To a significant extent, its use in the performance of a service or the furnishing of a product. 0000104853 00000 n 0000074055 00000 n 0000130849 00000 n 0000130691 00000 n (9) Reports and evaluations of source selection panels, boards, or advisory councils. HUBZone means a historically underutilized business zone that is an area located within one or more qualified census tracts, qualified nonmetropolitan counties, lands within the external boundaries of an Indian reservation, qualified base closure areas, redesignated areas, governor-designated covered areas, or qualified disaster areas, as defined in 13 CFR 126.103. 0000065264 00000 n destination means free on board at destination; i.e., the seller or consignor delivers the goods on sellers or consignors conveyance at destination. 0000098394 00000 n Primary Dealers Primary dealers are trading counterparties of the New York Fed in its implementation of monetary policy. 0000086696 00000 n 0000099750 00000 n 0000158424 00000 n 0000106159 00000 n 0000145452 00000 n 0000159936 00000 n 0000129608 00000 n The primary aim of basic research is a fuller knowledge or understanding of the subject under study, rather than any practical application of that knowledge. 0000148969 00000 n 3206(c)(4)). Designated Market Area: What Is It? - liveabout.com 0000132403 00000 n 0000134735 00000 n Contracting means purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources. 0000122543 00000 n 0000088201 00000 n 0000159618 00000 n 0000118786 00000 n General and administrative (G&A) expense means any management, financial, and other expense which is incurred by or allocated to a business unit and which is for the general management and administration of the business unit as a whole. Solicitation means any request to submit offers or quotations to the Government. 0000088758 00000 n 0000154852 00000 n 0000149668 00000 n Cost or pricing data ( 10 U.S.C. 0000149844 00000 n Electronic data interchange (EDI) means a technique for electronically transferring and storing formatted information between computers utilizing established and published formats and codes, as authorized by the applicable Federal Information Processing Standards. (5) For use in subpart 22.16, see the definition at 22.1601. (ii) Less than a majority ownership, but over which it exercises control. 0000159103 00000 n Under Section 113 of the Dodd-Frank Act, the Council is authorized to determine that a nonbank financial companys material financial distressor the nature, scope, size, scale, concentration, interconnectedness, or mix of its activitiescould pose a threat to U.S. financial stability. 0000122986 00000 n 0000165996 00000 n 0000079083 00000 n 0000150469 00000 n 0000156296 00000 n 0000061694 00000 n 0000141055 00000 n 0000133694 00000 n Office of Small and Disadvantaged Business Utilization means the Office of Small Business Programs when referring to the Department of Defense. Indirect cost rate means the percentage or dollar factor that expresses the ratio of indirect expense incurred in a given period to direct labor cost, manufacturing cost, or another appropriate base for the same period (see also "final indirect cost rate"). 0000154736 00000 n 0000091180 00000 n 0000087790 00000 n 0000161538 00000 n Part 2 - Definitions of Words and Terms | Acquisition.GOV 0000118076 00000 n 0000080599 00000 n 0000127080 00000 n 0000105475 00000 n 0000179201 00000 n 0000170312 00000 n It does not include any facilities, material, special test equipment, or special tooling that are subject to a separate contract or to a special contract requirement governing their use or disposition. (1) 40U.S.C. 0000150931 00000 n (4) For use in subpart 22.13, see the definition at 22.1301. 0000151248 00000 n 0000104687 00000 n 0000166577 00000 n Micro-purchase threshold means $10,000, except it means-. 0000129859 00000 n 0000149085 00000 n Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective. 0000074311 00000 n Delivery order means an order for supplies placed against an established contract or with Government sources. 0000100514 00000 n Designated market makers will maintain within their inventory quantities of shares for the securities they are assigned. (2) Does not include computer databases or computer software documentation. Useful life refers to the prospective period of economic usefulness in a particular contractors operations as distinguished from physical life; it is evidenced by the actual or estimated retirement and replacement practice of the contractor. Contingency operation ( 10 U.S.C.101(a)(13)) means a military operation that-, (1) Is designated by the Secretary of Defense as an operation in which members of the armed forces are or may become involved in military actions, operations, or hostilities against an enemy of the United States or against an opposing military force; or. 0000098931 00000 n 0000133055 00000 n 0000108400 00000 n 0000093387 00000 n 0000106572 00000 n 0000118459 00000 n 0000089059 00000 n (2) In this context, the term does not mean that the source has the sole capability of performing the research. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point. 0000073116 00000 n 0000102400 00000 n 0000173382 00000 n 0000121365 00000 n (i) American Samoa. 0000071560 00000 n 0000140107 00000 n 0000112793 00000 n (iv) Any combination of the factors described in paragraphs (1)(i), (ii), and (iii) of this definition. 0000094434 00000 n 0000148619 00000 n 0000089002 00000 n 0000171681 00000 n BNP's forex fines in detail| Compliance Matters 0000116194 00000 n 0000114672 00000 n On December 4, 2019, the Council approved its updated final rule and interpretive guidance for nonbank financial company determinations. 0000152304 00000 n 0000136801 00000 n Commercially available off-the-shelf (COTS) item , (1) Means any item of supply (including construction material) that is. G&A expense does not include those management expenses whose beneficial or causal relationship to cost objectives can be more directly measured by a base other than a cost input base representing the total activity of a business unit during a cost accounting period. 0000134619 00000 n Governmentwide acquisition contract (GWAC) means a task-order or delivery-order contract for information technology established by one agency for Governmentwide use that is operated-, (1) By an executive agent designated by the Office of Management and Budget pursuant to 40U.S.C. 0000132287 00000 n 0000149971 00000 n 0000068358 00000 n 0000113905 00000 n 0000142626 00000 n 0000095295 00000 n 0000078709 00000 n 0000114023 00000 n 0000144949 00000 n 0000084589 00000 n 0000108878 00000 n Sole source acquisition means a contract for the purchase of supplies or services that is entered into or proposed to be entered into by an agency after soliciting and negotiating with only one source. 0000123651 00000 n 0000120035 00000 n 0000165159 00000 n 0000092557 00000 n (2) A corporate surety is licensed under various insurance laws and, under its charter, has legal power to act as surety for others. 0000117608 00000 n These rates represent reasonable projections of specific costs that are not easily estimated for, identified with, or generated by a specific contract, contract end item, or task. 0000175782 00000 n 0000126829 00000 n 0000080897 00000 n Designated Market Makers on NYSE were previously known as specialists. Labor surplus area means a geographical area identified by the Department of Labor in accordance with 20 CFR part 654, subpart A, as an area of concentrated unemployment or underemployment or an area of labor surplus. 0000121894 00000 n 0000163307 00000 n 0000094224 00000 n 0000079920 00000 n 0000148215 00000 n 0000064495 00000 n 0000140693 00000 n End product means supplies delivered under a line item of a Government contract, except for use in part 25 and the associated clauses at 52.225-1, 52.225-3, and 52.225-5, see the definitions in 25.003, 52.225-1(a), 52.225-3(a), and 52.225-5(a). 0000145584 00000 n 0000174217 00000 n 153(2)). 0000107076 00000 n 0000082016 00000 n 0000071296 00000 n Simplified acquisition procedures means the methods prescribed in part 13 for making purchases of supplies or services. 0000121075 00000 n 0000099559 00000 n 0000094346 00000 n Major system means that combination of elements that will function together to produce the capabilities required to fulfill a mission need. (3) Any other indefinite-delivery, indefinite-quantity contract entered into with two or more sources pursuant to the same solicitation. 0000167654 00000 n 0000064299 00000 n 0000151720 00000 n 0000102997 00000 n 0000098989 00000 n 0000080236 00000 n "HSBC has made and must continue to implement additional improvements in its oversight, internal controls, compliance, risk management and audit programs for designated market activities," the Federal Reserve Board said. 0000102640 00000 n 0000172497 00000 n (i) A commercial product (as defined in paragraph (1) of the definition of commercial product in this section); (ii) Sold in substantial quantities in the commercial marketplace; and, (iii) Offered to the Government, under a contract or subcontract at any tier, without modification, in the same form in which it is sold in the commercial marketplace; and. 0000074135 00000 n 0000127611 00000 n (4) Awards based on a reserve for HUBZone small business concerns in a solicitation for a multiple-award contract. 0000128804 00000 n 0000127493 00000 n 0000065972 00000 n The term includes, (1) Acquisitions under the Economy Act ( 31 U.S.C. 0000127021 00000 n 0000131993 00000 n The term "Contractors plant" includes, but is not limited to, Government-owned contractor-operated plants, Federal installations, and Federal and non-Federal industrial operations, as may be required under the scope of the contract. 0000064173 00000 n 0000153236 00000 n 0000172320 00000 n 0000075400 00000 n Federal banking regulators on Wednesday fined Citigroup Inc. $400 million and ordered the nation's third-largest bank to fix its risk-management systems . 0000148413 00000 n 0000094739 00000 n 0000110863 00000 n (2) "Economically disadvantaged women-owned small business (EDWOSB) concern" means a small business concern that is at least 51 percent directly and unconditionally owned by, and the management and daily business operations of which are controlled by, one or more women who are citizens of the United States and who are economically disadvantaged in accordance with 13 CFR part 127, and the concern is certified by SBA or an approved third-party certifier in accordance with 13 CFR 127.300 . (C) To the contract type only. Understanding designated market area (DMA) and how it impacts - Forbes 0000150997 00000 n (ii) WOSB concerns eligible under the WOSB Program for Federal contracts assigned a NAICS code in an industry in which SBA has determined that WOSB concerns are substantially underrepresented in Federal procurement. 0000104451 00000 n 0000165094 00000 n Combatant commander means the commander of a unified or specified combatant command established in accordance with 10 U.S.C. 0000127139 00000 n 0000152500 00000 n 0000173775 00000 n Costs identified specifically with a contract are direct costs of that contract. 0000069803 00000 n 0000126903 00000 n 0000079163 00000 n 0000173087 00000 n 0000116388 00000 n 0000155026 00000 n Minority Institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 ( 20 U.S.C. 0000078938 00000 n "Membership." 0000112408 00000 n 0000132593 00000 n (2) The installation (i.e., form, fit, and attachment details) of materials or equipment. 0000180112 00000 n Market maker - Wikipedia Banks, New Security Issues, State and Local Governments, Senior Credit Officer Opinion Survey on Dealer Financing 0000079462 00000 n 0000169916 00000 n 0000082138 00000 n 0000073630 00000 n 0000125090 00000 n Consolidation or consolidated requirement, (1) Means a solicitation for a single contract, a multiple-award contract, a task order, or a delivery order to satisfy-, (i) Two or more requirements of the Federal agency for supplies or services that have been provided to or performed for the Federal agency under two or more separate contracts, each of which was lower in cost than the total cost of the contract for which offers are solicited; or. 0000134851 00000 n 0000134967 00000 n 0000086191 00000 n 0000140048 00000 n 0000133114 00000 n 0000142684 00000 n (1) Part 25, see the definition in 25.003; (2) 52.225-1 and 52.225-3, see the definition in 52.225-1(a) and 52.225-3(a); (3) 52.225-9 and 52.225-11, see the definition in 52.225-9(a) and 52.225-11(a); and. 0000071690 00000 n 0000112349 00000 n
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