0000109925 00000 n 0000061096 00000 n 0000158017 00000 n 0000156296 00000 n 0000069868 00000 n 0000097199 00000 n 0000172969 00000 n 0000153744 00000 n 0000173775 00000 n 0000122366 00000 n 0000082785 00000 n 0000087387 00000 n 0000172204 00000 n (2) Acquisitions of supplies or services that, as determined by the head of the agency, are to be used to support a humanitarian or peacekeeping operation ( 10 U.S.C. 0000117171 00000 n 0000159287 00000 n 0000139433 00000 n 0000108812 00000 n 0000112868 00000 n 0 0000086313 00000 n (2) The term "information technology" includes computers, ancillary equipment (including imaging peripherals, input, output, and storage devices necessary for security and surveillance), peripheral equipment designed to be controlled by the central processing unit of a computer, software, firmware and similar procedures, services (including support services), and related resources. 2292 et seq. Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, solicitation and selection of sources, award of contracts, contract financing, contract performance, contract administration, and those technical and management functions directly related to the process of fulfilling agency needs by contract. (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. 0000144949 00000 n 0000084985 00000 n 0000156528 00000 n 0000130849 00000 n 0000092849 00000 n 0000083415 00000 n 0000128194 00000 n 0000146300 00000 n (3) For use in subpart 22.10, see the definition at 22.1001. The submission may be converted to a claim, by written notice to the contracting officer as provided in 33.206(a), if it is disputed either as to liability or amount or is not acted upon in a reasonable time. 0000077441 00000 n 0000082525 00000 n Final indirect cost rate means the indirect cost rate established and agreed upon by the Government and the contractor as not subject to change. 1903), the term means, (i) $800,000 for any contract to be awarded and performed, or purchase to be made, inside the United States; and, (ii) $1.5 million for any contract to be awarded and performed, or purchase to be made, outside the United States; and. It includes (but is not limited to) public works, buildings, and facilities; ships, floating equipment, and vessels of every character, type, and description, together with parts and accessories; aircraft and aircraft parts, accessories, and equipment; machine tools; and the alteration or installation of any of the foregoing. A limit of liability for each surety may be stated. 0000140048 00000 n 0000104628 00000 n 0000077257 00000 n 0000093503 00000 n endstream endobj 277 0 obj <. 0000104569 00000 n Solicitations under negotiated procedures are called "requests for proposals." 109). Responses to invitations for bids (sealed bidding) are offers called "bids" or "sealed bids"; responses to requests for proposals (negotiation) are offers called "proposals"; however, responses to requests for quotations (simplified acquisition) are "quotations," not offers. Market makers are sometimes making markets forseveral hundred of listed stocks at a time. 0000126055 00000 n 0000167476 00000 n 0000120497 00000 n 0000157766 00000 n 0000043895 00000 n 0000168922 00000 n 0000169520 00000 n 0000087277 00000 n 0000090379 00000 n Factors to be considered in determining whether a modification is minor include the value and size of the modification and the comparative value and size of the final product. 0000082588 00000 n 0000130052 00000 n 0000064495 00000 n (1) PSC 5510, Lumber and Related Basic Wood Materials; (2) Product or service group (PSG) 87, Agricultural Supplies; (3) PSG 88, Live Animals; (4) PSG 89, Subsistence; (5) PSC 9410, Crude Grades of Plant Materials; (6) PSC 9430, Miscellaneous Crude Animal Products, Inedible; (7) PSC 9440, Miscellaneous Crude Agricultural and Forestry Products; (8) PSC 9610, Ores; (9) PSC 9620, Minerals, Natural and Synthetic; and. 161. 0000078222 00000 n (i) Baker Island. 0000092441 00000 n 0000122012 00000 n 0000122484 00000 n Photo: John Nacion/NurPhoto/Zuma Press. The federal funds rate is the interest rate that banks charge other banks for overnight loans; therefore, it is the most short-term of all the interest rates. 0000072525 00000 n 0000084418 00000 n 0000101920 00000 n 0000176389 00000 n 0000102340 00000 n 0000165224 00000 n 0000085321 00000 n 0000093617 00000 n 0000095231 00000 n A single contracting officer may be responsible for duties in any or all of these areas. 0000132228 00000 n 0000120827 00000 n Humanitarian or peacekeeping operation means a military operation in support of the provision of humanitarian or foreign disaster assistance or in support of a peacekeeping operation under chapter VI or VII of the Charter of the United Nations. 0000100778 00000 n 0000161926 00000 n 0000065130 00000 n 0000152813 00000 n 0000078341 00000 n 0000163999 00000 n 0000170510 00000 n For construction contracts that have been completely terminated for convenience, it means the entire contract, notwithstanding the completion of, and payment for, individual items of work before termination. 0000147943 00000 n Pricing means the process of establishing a reasonable amount or amounts to be paid for supplies or services. 0000085379 00000 n 0000163665 00000 n The Nielsen Research Group (yes, the one that generates those dreaded Nielsen ratings) uses DMAs when compiling ratings to decide which shows stay on the air and which ones get cancelled. Responsible prospective contractor means a contractor that meets the standards in 9.104. 0000077005 00000 n 0000149668 00000 n (2) The management and daily business operations of which are controlled by one or more veterans. You can learn more about the standards we follow in producing accurate, unbiased content in our. (2) A corporate surety is licensed under various insurance laws and, under its charter, has legal power to act as surety for others. 0000112059 00000 n 0000140107 00000 n 0000099866 00000 n 0000143565 00000 n 0000038199 00000 n 0000117666 00000 n 0000167596 00000 n 0000147034 00000 n The SNAP list of alternatives is found at 40 CFR part 82 subpart G with supplemental tables of alternatives available at http://www.epa.gov/snap/). 0000123460 00000 n 0000127787 00000 n F.o.b. 0000158192 00000 n (2) For use in subpart 22.8, see the definition at 22.801. HUBZone contract means a contract awarded to a Small Business Administration certified "HUBZone small business concern" through any of the following procurement methods: (1) A sole-source award to a HUBZone small business concern. Solicitation provision or provision means a term or condition used only in solicitations and applying only before contract award. 0000105033 00000 n 0000127670 00000 n 0000091979 00000 n 0000139301 00000 n Energy-savings performance contract means a contract that requires the contractor to-. 0000146366 00000 n 0000141315 00000 n 0000131181 00000 n 0000145452 00000 n The Federal Reserve supervises FMUs that have been designated as systemically important by the Financial Stability Oversight Council. 0000156354 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. 0000087969 00000 n 0000081859 00000 n Information security means protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction in order to provide-. 0000126433 00000 n (3) Any other indefinite-delivery, indefinite-quantity contract entered into with two or more sources pursuant to the same solicitation. The term market maker refers to a firm or individual who actively quotes two-sided markets in a particular security by providing bids and offers (known as asks) along with the market size of. One of the bigger changes from the specialist role, which the DMM replaced, involves the trade information that a DMM has access to. 0000074249 00000 n (2) For use of affiliates in size determinations, see the definition of "small business concern" in this section. 0000067026 00000 n 0000119612 00000 n 0000154384 00000 n This includes electronic symbols. 0000077131 00000 n 0000074311 00000 n 0000100098 00000 n 0000159555 00000 n 0000166371 00000 n This type of position was added in order to increase competitiveness and market quality as electronic trading becomes more widespread and dominates financial markets. 0000142181 00000 n 0000139805 00000 n 0000154910 00000 n 0000110564 00000 n 0000117054 00000 n 0000153546 00000 n DMAs describe particular locations or regions where people get the same television and radio options. Federally-controlled information system means an information system ( 44U.S.C. 0000164712 00000 n 0000099924 00000 n 0000144817 00000 n An official website of the General Services Administration. 0000164427 00000 n Supporting a diplomatic or consular mission means performing outside the United States under a contract administered by Federal agency personnel who are subject to the direction of a Chief of Mission. 0000071296 00000 n 0000170312 00000 n 0000140225 00000 n 0000139989 00000 n 0000102520 00000 n 0000080293 00000 n 0000077615 00000 n 0000080351 00000 n 0000179970 00000 n A specialist unit was a group of people or firms that served as market makers for specific stocks in the period before electronic exchanges. 0000092296 00000 n Classified acquisition means an acquisition in which offerors must have access to classified information to properly submit an offer or quotation, to understand the performance requirements, or to perform the contract. 0000092499 00000 n (3) Engineering and technical services, i.e., contractual services used to support the program office during the acquisition cycle by providing such services as systems engineering and technical direction (see 9.505-1(b)) to ensure the effective operation and maintenance of a weapon system or major system as defined in OMB Circular No.A-109 or to provide direct support of a weapon system that is essential to research, development, production, operation or maintenance of the system. 0000066830 00000 n Continued portion of the contract means the portion of a contract that the contractor must continue to perform following a partial termination. 0000076361 00000 n :@ ifp102b` :. Simplified acquisition procedures means the methods prescribed in part 13 for making purchases of supplies or services. 0000141955 00000 n 0000118124 00000 n 0000095675 00000 n 0000148347 00000 n 0000083883 00000 n 0000102460 00000 n 0000069681 00000 n DMMs provide a higher level of service compared to electronic trading. Federally Funded Research and Development Centers (FFRDCs) means activities that are sponsored under a broad charter by a Government agency (or agencies) for the purpose of performing, analyzing, integrating, supporting, and/or managing basic or applied research and/or development, and that receive 70 percent or more of their financial support from the Government; and-. (1) Perform services for the design, acquisition, financing, installation, testing, operation, and where appropriate, maintenance and repair, of an identified energy conservation measure or series of measures at one or more locations; (2) Incur the costs of implementing the energy savings measures, including at least the cost (if any) incurred in making energy audits, acquiring and installing equipment, and training personnel in exchange for a predetermined share of the value of the energy savings directly resulting from implementation of such measures during the term of the contract; and. Head of the contracting activity means the official who has overall responsibility for managing the contracting activity. 0000124960 00000 n 0000161374 00000 n 0000078938 00000 n 0000162042 00000 n SBA determines affiliation based on the factors set forth at 13 CFR 121.103. 0000120101 00000 n 0000159678 00000 n (9) Reports and evaluations of source selection panels, boards, or advisory councils. 0000089521 00000 n 0000076448 00000 n 0000175238 00000 n 0000141118 00000 n 0000150865 00000 n 0000074484 00000 n 0000109165 00000 n 0000106962 00000 n 0000086026 00000 n 0000121075 00000 n 0000129490 00000 n 0000096032 00000 n 0000121017 00000 n 0000099127 00000 n Dollar values and percentages may be used as guideposts, but are not conclusive evidence that a modification is minor; (4) Any combination of products meeting the requirements of paragraph (1), (2), or (3) of this definition that are of a type customarily combined and sold in combination to the general public; (5) A product, or combination of products, referred to in paragraphs (1) through (4) of this definition, even though the product, or combination of products, is transferred between or among separate divisions, subsidiaries, or affiliates of a contractor; or. Small disadvantaged business concern consistent with 13 CFR 124.1002, means a small business concern under the size standard applicable to the acquisition, that: (1) Is at least 51 percent unconditionally and directly owned (as defined at 13 CFR 124.105) by, (i) One or more socially disadvantaged (as defined at 13 CFR 124.103) and economically disadvantaged (as defined at 13 CFR 124.104) individuals who are citizens of the United States; and, (ii) Each individual claiming economic disadvantage has a net worth not exceeding $750,000 after taking into account the applicable exclusions set forth at 13 CFR 124.104(c)(2); and. 0000084304 00000 n 0000098223 00000 n 0000132939 00000 n 0000163777 00000 n These include white papers, government data, original reporting, and interviews with industry experts. 0000117476 00000 n 0000126829 00000 n 0000147386 00000 n Water consumption intensity means water consumption per square foot of building space. State and local taxes means taxes levied by the States, the District of Columbia, outlying areas of the United States, or their political subdivisions. 0000143841 00000 n 0000077905 00000 n 0000077194 00000 n (i) Is the product of original thinking submitted confidentially by one source; (ii) Contains new, novel, or changed concepts, approaches, or methods; (iii) Was not submitted previously by another; and. 0000128376 00000 n 0000137359 00000 n 0000127375 00000 n 0000159492 00000 n 796, Registry of Disaster Response Contractors. 0000120167 00000 n 0000101680 00000 n This definition is a policy determination, not a legal determination. 0000111695 00000 n 0000089462 00000 n 0000173441 00000 n 0000152011 00000 n The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity. 0000072079 00000 n Architect-engineer services, as defined in 40 U.S.C. Multiple-award contract means a contract that is. 0000118660 00000 n 0000147577 00000 n Minor modifications means modifications that do not significantly alter the nongovernmental function or essential physical characteristics of an item or component, or change the purpose of a process. 0000152500 00000 n 0000105711 00000 n Basic research means that research directed toward increasing knowledge in science. 0000080963 00000 n (2) The use of integrated whole-building designs that rely upon renewable energy resources, including passive solar design. 0000112408 00000 n 0000101108 00000 n 0000131741 00000 n 0000163046 00000 n 0000080897 00000 n 0000133475 00000 n 0000064447 00000 n The Federal Reserve Policy on Payment System Risk addresses the risks that payment, clearing, settlement, and recording activities present to the financial system and to the Federal Reserve Banks. (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. Investopedia requires writers to use primary sources to support their work. chapter31, subchapter IV, Wage Rate Requirements (Construction), and its related statutes and implementing regulations; (2) 41U.S.C. 0000180243 00000 n 0000160388 00000 n 0000076958 00000 n The Registry contains information on contractors who are willing to perform disaster or emergency relief activities within the United States and its outlying areas. (1) An inherently governmental function involves, among other things, the interpretation and execution of the laws of the United States so as to-. 0000171622 00000 n Labor surplus area concern means a concern that together with its first-tier subcontractors will perform substantially in labor surplus areas. 0000099054 00000 n Simplified acquisition threshold means $250,000, except for, (1) 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. 0000081772 00000 n 0000078404 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. 0000168120 00000 n 0000173907 00000 n means free on board. (iii) Jarvis Island. 0000109749 00000 n 0000112001 00000 n Offer means a response to a solicitation that, if accepted, would bind the offeror to perform the resultant contract. destination means free on board at destination; i.e., the seller or consignor delivers the goods on sellers or consignors conveyance at destination. Nielsen uses designated market areas when compiling their ratings. 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. (11) For use in part 27, see the definition at 27.001. Unique entity identifier means a number or other identifier used to identify a specific commercial, nonprofit, or Government entity. (3) Minor outlying islands. 0000131875 00000 n 0000073054 00000 n 0000151484 00000 n 0000093085 00000 n 0000064792 00000 n 0000118845 00000 n 0000154148 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 . 0000160577 00000 n 0000154561 00000 n 0000120035 00000 n 0000122601 00000 n Contracting officers representative (COR) means an individual, including a contracting officers technical representative (COTR), designated and authorized in writing by the contracting officer to perform specific technical or administrative functions. 0000171856 00000 n 0000175172 00000 n 0000168863 00000 n 0000172674 00000 n Termination for default means the exercise of the Governments right to completely or partially terminate a contract because of the contractors actual or anticipated failure to perform its contractual obligations. 0000083757 00000 n 0000137091 00000 n 0000113222 00000 n 0000130942 00000 n 0000173382 00000 n (2) By which, among other things, the transferor guarantees performance of the contract, the transferee assumes all obligations under the contract, and the Government recognizes the transfer of the contract and related assets. (2) Set-aside awards based on competition restricted to HUBZone small business concerns. 0000137207 00000 n 0000072635 00000 n 0000104179 00000 n 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). Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. 0000139367 00000 n 0000114672 00000 n 0000159870 00000 n (ii) Contains imbedded information technology that is used as an integral part of the product, but the principal function of which is not the acquisition, storage, analysis, evaluation, manipulation, management, movement, control, display, switching, interchange, transmission, or reception of data or information. 0000170642 00000 n Single, Governmentwide point of entry, means the one point of entry to be designated by the Administrator of OFPP that will allow the private sector to electronically access procurement opportunities Governmentwide. 0000160927 00000 n 0000106720 00000 n 0000140402 00000 n (i) American Samoa. 0000100580 00000 n 0000152069 00000 n 0000107590 00000 n 0000168804 00000 n The Federal Open Market Committee (FOMC) is made up of: A. the chair of the Board of Governors along with the 12 presidents of the Federal Reserve Banks. Terminated portion of the contract means the portion of a contract that the contractor is not to perform following a partial termination. There are 210 DMAs nationwide. 0000153678 00000 n 0000077499 00000 n 0000089291 00000 n Consent to subcontract means the contracting officers written consent for the prime contractor to enter into a particular subcontract. 0000171268 00000 n 0000122717 00000 n On June 8, 2015, staff supporting the Council released guidance that provides additional details explaining how the Stage 1 thresholds are calculated: Staff Guidance: Methodologies Relating to Stage 1 Thresholds. 0000087601 00000 n 0000125148 00000 n hbbd``b`$ F#a{$XA`IX@d=Q&F n0 H 0000162407 00000 n 0000178064 00000 n 0000166871 00000 n 0000141181 00000 n 0000091647 00000 n 0000090727 00000 n 0000118904 00000 n 0000154852 00000 n 0000077789 00000 n 0000146186 00000 n 0000065332 00000 n 0000142486 00000 n 0000136419 00000 n 0000174974 00000 n 0000142115 00000 n 0000076717 00000 n Affiliates means associated business concerns or individuals if, directly or indirectly either one controls or can control the other; or third party controls or can control both, except as follows: (1) For use in subpart 9.4, see the definition at 9.403. (vii) Navassa Island. A voucher, invoice, or other routine request for payment that is not in dispute when submitted is not a claim. On the trading floor of the NYSE, DMMs are positioned in the center and the floor brokers are located along the periphery. 0000142626 00000 n 0000149844 00000 n Companies such as investment banks and trading firms can act as designated market makers. 0000036619 00000 n 0000128524 00000 n Special test equipment does not include material, special tooling, real property, and equipment items used for general testing purposes or property that with relatively minor expense can be made suitable for general purpose use. 0000148075 00000 n The order cited "deficiencies in Citigroup's antimoney laundering compliance program" and its "control infrastructure relating to its foreign exchange program and designated market activities." The Fed ordered Citi to correct the issues in 2013 and 2015, respectively. (1) Defines words and terms that are frequently used in the FAR; (2) Provides cross-references to other definitions in the FAR of the same word or term; and. Will Kenton is an expert on the economy and investing laws and regulations. 0000180387 00000 n 0000149726 00000 n This can happen on any . 0000177835 00000 n
designated market activities fed definition