A promise or affirmation given by a contractor to the Government regarding the nature, usefulness, or condition of the supplies or performance of services furnished under the contract.
A contract type where the contractor assumes most of the risk
A person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings.
A written demand or written assertion by one of the contracting parties seeking, as a matter of right, the payment of money in a sum certain, the adjustment or interpretation of contract terms, or other relief arising under or relating to the contract.
Choosing a specific company and bypassing the competition
An offer to perform the work described in a contract at a specified cost; generally cost-specific, with a specific time and place for opening of the offers.
Any cost not directly identified with a single final cost objective.
A change to a solicitation before contract award
A procurement strategy where more than one contractor that is capable of performing the contract is solicited to submit an offer for supplies and services.
A unilateral right in a contract by which, for a specified time, the Government may elect to purchase additional supplies or services called for by the contract, or may elect to extend the term of the contract.
The procedures for obtaining goods or services, including all activities from the planning steps and preparation and processing of a requisition, through receipt and acceptance of delivery and processing of a final invoice for payment.
Failure of a vendor to comply with the terms and conditions of a contract.
The process in which the awarding agency determines that all applicable administrative actions and all required work of the award have been completed by the recipient and the awarding agency.
A mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them.