Glossary of Government Contracting Terms

To help you better understand the complicated world of federal contracting, we have compiled a TargetGov Glossary of Government Contracting Terms. You can download the PDF file of the full Glossary of Contracting Terms. Click here to download the Glossary. (A PDF reader is required; go to www.adobe.com for a free download).

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Below is a listing of some of the terms defined in this Glossary.

8(a) Program

Accounting

Acquisition

Affiliates

Auction

Base Realignment and Closure (BRAC)

BRAC Augmentation and Implementation Support Services (BAISS, pronounced “base”)

Best and Final Offer

Business Information Centers (BICs)

Businesses

Catalog of Federal Domestic Assistance (CFDA)

CAGE Code

Capability Statement

Center for Veterans Enterprise (CVE)

Central Contractor Registration (CCR)

Certificate of Competency

Certified 8(a) Firm

Civil Functions

Commercial Marketing Representative (CMR)

Competition Category

Contract

Contracting

Contracting Officer

Contractor:

Contractor Team Arrangement

Cost Accounting Standards (CAS)

Defense Acquisition Regulatory Council (DARC)

Defense Contract Audit Agency (DCAA)

Defense Contractor

Differences Between Place of Performance and Contractor/Recipient Locations

Direct Payments

Specified use

Unrestricted use

Disabled Veteran-owned Business Enterprise (DVBE)

Data Universal Numbering System (DUNS)

Educational and Nonprofit Institutions

Electronic Data Interchange

Emerging Small Business

End-user

Equity

Fair and Reasonable Price

FedBizOpps

Federal Acquisition Regulation (FAR)

Federal Fiscal Year

Federal Procurement Data Center (FPDC or FPDS)

Federal Supply Service (FSS)

Full and Open Competition

Formula grant

General Services Administration (GSA)

Government Impact (Credit) Card

Governmentwide Acquisition Contracts (GWACs)