Core Federal Acquisition Regulation vocabulary used across federal government contracting.
39 cards · basic cards · AI-written, checked twice. Edit anything.
- What does FFP stand for in federal contracting?
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Firm Fixed Price
- What does CPFF stand for?
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Cost Plus Fixed Fee
- What does CPIF stand for?
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Cost Plus Incentive Fee
- What does T&M stand for?
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Time and Materials
- What does IDIQ stand for?
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Indefinite Delivery, Indefinite Quantity
- What does FAR stand for?
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Federal Acquisition Regulation
- What does COR stand for?
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Contracting Officer's Representative
- What is the GSA Schedule?
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General Services Administration Multiple Award Schedule
- What does CLIN stand for?
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Contract Line Item Number
- What does PWS stand for?
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Performance Work Statement
- What does SOW stand for?
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Statement of Work
- What does RFP stand for?
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Request for Proposal
- What does RFQ stand for?
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Request for Quotation
- What does IFB stand for?
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Invitation for Bid
- What does COTS stand for?
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Commercial Off The Shelf