Alternate means a substantive variation of a basic provision or clause prescribed for use in a defined circumstance. The servicing agency manages the indefinite-delivery contract but does not participate in the placement or administration of an order. 0000115461 00000 n 0000158366 00000 n 0000143478 00000 n "Termination contracting officer (TCO)" refers to a contracting officer who is settling terminated contracts. 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. (See 41 CFR 102-36.40). This term is used in conjunction with a physical point to determine-, (1) The responsibility and basis for payment of freight charges; and. 0000101306 00000 n 0000114141 00000 n 0000148678 00000 n 0000160120 00000 n 0000150096 00000 n 0000129934 00000 n 0000095521 00000 n 0000168863 00000 n 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. 0000131816 00000 n The offers that appear in this table are from partnerships from which Investopedia receives compensation. 0000081924 00000 n (4) Awards based on a reserve for HUBZone small business concerns in a solicitation for a multiple-award contract. Organizational conflict of interest means that because of other activities or relationships with other persons, a person is unable or potentially unable to render impartial assistance or advice to the Government, or the persons objectivity in performing the contract work is or might be otherwise impaired, or a person has an unfair competitive advantage. 0000167522 00000 n S 0000165094 00000 n 0000065565 00000 n 0000177083 00000 n (B) Sets forth the different responsibilities, roles, and percentages (or other allocations) of work as it relates to the acquisition; (i) For civilian agencies, may include two business concerns in a mentor-protg relationship when both the mentor and the protg are small or the protg is small and the concerns have received an exception to affiliation pursuant to 13 CFR 121.103(h)(3)(ii) or (iii). 0000100216 00000 n 0000064914 00000 n (ii) Reduces the hazards to public health and the environment associated with the release of such substances, pollutants, and contaminants; (2) Reduces or eliminates the creation of pollutants through increased efficiency in the use of raw materials, energy, water, or other resources; or. 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. 0000098456 00000 n For purposes of compliance with 31 U.S.C.3332 and implementing regulations at 31 CFR part 208, the term "electronic funds transfer" includes a Governmentwide commercial purchase card transaction. This levels the playing field between the DMM and floor brokers. 0000076252 00000 n You can learn more about the standards we follow in producing accurate, unbiased content in our. (3) A cosurety is one of two or more sureties that are jointly liable for the penal sum of the bond. 0000171622 00000 n 0000115885 00000 n 0000157358 00000 n 0000122775 00000 n The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and property that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. !pRq8IT 0000130284 00000 n 0000152990 00000 n (2) Proposed costs or prices submitted in response to an agency solicitation, or lists of those proposed costs or prices. "New investment" is defined to mean "the commitment of capital or other assets for the purpose of generating returns or appreciation"; OFAC published extensive Frequently Asked Questions ("FAQs") guidance about this prohibition on June 6, 2022, [iii] and again on January 17, 2023. 0000109433 00000 n Special competency means a special or unique capability, including qualitative aspects, developed incidental to the primary functions of the Federally Funded Research and Development Centers to meet some special need. 0000074484 00000 n 0000086696 00000 n 0000078938 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. 0000134327 00000 n 0000064726 00000 n 0000150865 00000 n System for Award Management (SAM) means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. 0000112726 00000 n 0000105534 00000 n 0000109117 00000 n 0000086770 00000 n 0000099924 00000 n 0000083073 00000 n 0000141055 00000 n (2) Assigned preaward functions. (ii) Recorded information comprising source code listings, design details, algorithms, processes, flow charts, formulas, and related material that would enable the computer program to be produced, created, or compiled. An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022, (a) This part-. 0000176132 00000 n 0000175487 00000 n 0000077615 00000 n 0000110937 00000 n (2) As used in this definition, the term "product" does not include any energy-consuming product or system designed or procured for combat or combat-related missions ( 42U.S.C. 0000132228 00000 n 0000111473 00000 n 0000159492 00000 n Line item means the basic structural element in a procurement instrument that describes and organizes the required product or service for pricing, delivery, inspection, acceptance, invoicing, and payment. Market research means collecting and analyzing information about capabilities within the market to satisfy agency needs. The use of the term "line item" includes "subline item," as applicable. 0000161184 00000 n chapter67, Service Contract Labor Standards; (3) The Equal Employment Opportunity Acts and Executive orders; (4) 41U.S.C. 0000128078 00000 n 0000091446 00000 n 0000162978 00000 n 0000085168 00000 n 0000111399 00000 n 0000175900 00000 n Designated operational area means a geographic area designated by the combatant commander or subordinate joint force commander for the conduct or support of specified military operations. This can include more than one name. 0000130110 00000 n 0000114881 00000 n 0000142974 00000 n 0000068835 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. 759, repealed by Pub. 0000096816 00000 n 0000090784 00000 n 0000084418 00000 n 0000073178 00000 n It includes Government-furnished property. 0000143340 00000 n 0000115287 00000 n 0000099750 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. endstream endobj startxref 0000102820 00000 n Governmental functions normally fall into two categories: the act of governing, i.e., the discretionary exercise of Government authority, and monetary transactions and entitlements. 0000156528 00000 n Projected average loss means the estimated long-term average loss per period for periods of comparable exposure to risk of loss. 0000119376 00000 n 0000146741 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. 0000174217 00000 n 0000127257 00000 n 0000134209 00000 n 0000161316 00000 n This definition is a policy determination, not a legal determination. Branches and Agencies of 0000102340 00000 n 0000087911 00000 n Diversity, Equity, Inclusion, and Accessibility, Alcohol and Tobacco Tax and Trade Bureau (TTB), Financial Crimes Enforcement Network (FinCEN), Office of the Comptroller of the Currency (OCC), Treasury Inspector General for Tax Administration (TIGTA), Special Inspector General for the Troubled Asset Relief Program (SIGTARP), Special Inspector General for Pandemic Recovery (SIGPR), Budget Request/Annual Performance Plan and Reports, Inspector General Audits and Investigative Reports, Foreign Account Tax Compliance Act (FATCA), The Community Development Financial Institution (CDFI) Fund, Specially Designated Nationals List (SDN List), Sanctions Programs and Country Information, Financial Literacy and Education Commission, The Committee on Foreign Investment in the United States (CFIUS), Macroeconomic and Foreign Exchange Policies of Major Trading Partners, U.S.-China Comprehensive Strategic Economic Dialogue (CED), Small and Disadvantaged Business Utilization, Daily Treasury Par Real Yield Curve Rates, Debt Management Overview and Quarterly Refunding Process, U.S International Portfolio Investment Statistics, Report Fraud Related to Government Contracts, Cashing Savings Bonds in Disaster-Declared Areas, Community Development Financial Institution (CDFI) Fund, Electronic Federal BenefitPayments - GoDirect, General Property, Vehicles, Vessels & Aircraft. on the basis of its role as operator of the Clearing House Interbank Payments System. (1) Any previously developed item of supply used exclusively for governmental purposes by a Federal agency, a State or local government, or a foreign government with which the United States has a mutual defense cooperation agreement; (2) Any item described in paragraph (1) of this definition that requires only minor modification or modifications of a type customarily available in the commercial marketplace in order to meet the requirements of the procuring department or agency; or. Statement of Objectives (SOO) means a Government-prepared document incorporated into the solicitation that states the overall performance objectives. Reference in this regulation (48 CFR chapter 1) to administrative contracting officer or termination contracting officer does not-, (1) Require that a duty be performed at a particular office or activity; or. 0000143153 00000 n Change order means a written order, signed by the contracting officer, directing the contractor to make a change that the Changes clause authorizes the contracting officer to order without the contractors consent. 0000162108 00000 n 0000110161 00000 n 0000075814 00000 n (7) For use in subpart 22.18, see the definition at 22.1801. 0000152548 00000 n 0000153169 00000 n 0000154968 00000 n 0000111547 00000 n Master solicitation means a document containing special clauses and provisions that have been identified as essential for the acquisition of a specific type of supply or service that is acquired repetitively. 0000159555 00000 n 0000144126 00000 n 0000091921 00000 n 0000071690 00000 n 0000097697 00000 n 0000127198 00000 n 0000165556 00000 n 0000092095 00000 n Biobased product means a product determined by the U.S. Department of Agriculture to be a commercial product or industrial product (other than food or feed) that is composed, in whole or in significant part, of biological products, including renewable domestic agricultural materials and forestry materials. 0000109366 00000 n Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. In determining whether affiliation exists, consideration is given to all appropriate factors including common ownership, common management, and contractual relationships. 0000115520 00000 n 0000149668 00000 n 0000173574 00000 n 0000098394 00000 n 0000154207 00000 n 0000112533 00000 n 0000079692 00000 n 0000093924 00000 n 0000106392 00000 n (ii) The source of such services provides similar services contemporaneously to the general public under terms and conditions similar to those offered to the Federal Government; (2) Services of a type offered and sold competitively in substantial quantities in the commercial marketplace based on established catalog or market prices for specific tasks performed or specific outcomes to be achieved and under standard commercial terms and conditions. 0000113905 00000 n Registered in the System for Award Management (SAM) means that. 0000082651 00000 n 0000126301 00000 n Such companies will be subject to consolidated supervision by the Federal Reserve and enhanced prudential standards. 0000097875 00000 n 0000040482 00000 n 0000038199 00000 n 0000093814 00000 n 0000090192 00000 n 0000106276 00000 n 0000159810 00000 n Will Kenton is an expert on the economy and investing laws and regulations. 13 CFR part 121, 13 CFR part 127, 13 CFR 127.300, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). 0000178213 00000 n chapter65, Contracts for Material, Supplies, Articles, and Equipment Exceeding $10,000; (5) 41U.S.C. 0000123117 00000 n 0000110375 00000 n Segment means one of two or more divisions, product departments, plants, or other subdivisions of an organization reporting directly to a home office, usually identified with responsibility for profit and/or producing a product or service. 0000108003 00000 n Solicitations under sealed bid procedures are called "invitations for bids." 0000082843 00000 n 0000171563 00000 n 0000147386 00000 n 0000116512 00000 n 0000117171 00000 n 0000143409 00000 n designated market activities fed definition; fabriquer un tambourin; une ambition intime politique streaming; association faire argenteuil; avenue winston churchill dreux; maison de la justice et du droit angers horaires. 0000171150 00000 n Direct acquisition means a type of interagency acquisition where a requesting agency places an order directly against a servicing agencys indefinite-delivery contract. The term includes recorded information of a scientific or technical nature that is included in computer databases (see 41U.S.C. 0000128136 00000 n 0000139433 00000 n 0000071755 00000 n 0000070572 00000 n 0000150997 00000 n %%EOF 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. Qualification requirement means a Government requirement for testing or other quality assurance demonstration that must be completed before award of a contract. 0000070836 00000 n 0000167654 00000 n 0000138216 00000 n However, a written demand or written assertion by the contractor seeking the payment of money exceeding $100,000 is not a claim under 41 U.S.C. Contracting means purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources. 0000069551 00000 n 0000084475 00000 n 0000126565 00000 n 0000161810 00000 n 1711). This includes electronic symbols. 0000120629 00000 n 0000090495 00000 n A single contracting officer may be responsible for duties in any or all of these areas. 0000141955 00000 n 0000104901 00000 n 0000179831 00000 n (i) Baker Island. 0000144817 00000 n 0000065849 00000 n 0000122543 00000 n 0000111275 00000 n 0000132519 00000 n 0000108812 00000 n 0000138275 00000 n parquet contrecoll contreplaqu; boy girl, etc wikipdia; aspirateur pour pose liner piscine; enlever le got de vase . 0000071361 00000 n 0000089940 00000 n 0000128524 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. 0000100712 00000 n 0000066699 00000 n %%EOF In addition to bilateral instruments, contracts include (but are not limited to) awards and notices of awards; job orders or task letters issued under basic ordering agreements; letter contracts; orders, such as purchase orders, under which the contract becomes effective by written acceptance or performance; and bilateral contract modifications. 0000100976 00000 n It includes all types of commitments that obligate the Government to an expenditure of appropriated funds and that, except as otherwise authorized, are in writing. Contiguous United States (CONUS) means the 48 contiguous States and the District of Columbia. The DMM also serves as a point of contact on the trading floor for the listed company, and provides the company with information, such as the general market conditions, the mood of traders, and who is trading the stock. 0000102700 00000 n 2292 et seq. 0000098816 00000 n 0000168568 00000 n 0000071824 00000 n 0000168981 00000 n 0000038806 00000 n 0000136419 00000 n 0000087664 00000 n 0000125688 00000 n 0000080168 00000 n 0000140693 00000 n 0000173382 00000 n 0000074192 00000 n 0000147695 00000 n 0000125937 00000 n Should means an expected course of action or policy that is to be followed unless inappropriate for a particular circumstance. Inherently governmental function means, as a matter of policy, a function that is so intimately related to the public interest as to mandate performance by Government employees. 0000167360 00000 n 0000074959 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. 0000111695 00000 n 0000153876 00000 n It is used in solicitations when the Government intends to provide the maximum flexibility to each offeror to propose an innovative approach. Photo: John Nacion/NurPhoto/Zuma Press. 0000061257 00000 n 0000073244 00000 n 0000172204 00000 n 0000168745 00000 n 0000138942 00000 n A high fed funds rate means interest rates will be high as a result. (2) The nature and amount of any contingencies included in the proposed price. 0000157055 00000 n 0000092557 00000 n The term includes Automated Clearing House transfers, Fedwire transfers, and transfers made at automatic teller machines and point-of-sale terminals. 0000107649 00000 n that engage in Designated Market Activities, including U.S. commodities, antitrust and criminal fraud laws, and a review of UBS's policies and procedures relating to the firm's Designated Market Activities, including conflict of interest policies, client confidentiality policies, and a code of conduct or other statement of conduct or policies; 0000179676 00000 n Common item means material that is common to the applicable Government contract and the contractor's other work, except that for use in the clause at 52.246-26, see the definition in paragraph (a) of that clause. 0000090003 00000 n Self-insurance includes the deductible portion of purchased insurance. 0000092899 00000 n 0000118904 00000 n 0000136066 00000 n 0000096286 00000 n 0000154910 00000 n 0000111769 00000 n In finance, the term affirmative obligation refers to the responsibilities of market makers working on the New York Stock Exchange (NYSE). 0000115826 00000 n 0000098223 00000 n 276 0 obj <> endobj 0000102640 00000 n 0000119022 00000 n They also do not include functions that are primarily ministerial and internal in nature, such as building security, mail operations, operation of cafeterias, housekeeping, facilities operations and maintenance, warehouse operations, motor vehicle fleet management operations, or other routine electrical or mechanical services. 0000091112 00000 n 0000168318 00000 n 0000078709 00000 n 0000172146 00000 n 0000171504 00000 n Water consumption intensity means water consumption per square foot of building space. 0000177207 00000 n 0000164197 00000 n A DMM is responsible for maintaining quotes and facilitating buy and sell transactions. 0000077320 00000 n 0000043895 00000 n 0000070442 00000 n 0000161432 00000 n 0000117956 00000 n 0000155142 00000 n Veteran-owned small business concern means a small business concern-, (1) Not less than 51 percent of which is owned by one or more veterans (as defined at 38U.S.C.101(2)) or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans; and. 0000079273 00000 n Inspection means examining and testing supplies or services (including, when appropriate, raw materials, components, and intermediate assemblies) to determine whether they conform to contract requirements. Taxpayer Identification Number (TIN) means the number required by the IRS to be used by the offeror in reporting income tax and other returns. 0000093869 00000 n (6) Cost or price evaluations of proposals. 0000178905 00000 n (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. 0000122871 00000 n 0000106450 00000 n 0000103115 00000 n 0000107708 00000 n (2) For use in the clauses at-, (i) 52.248-2, see the definition at 52.248-2(b); and. 0000119969 00000 n 0000086602 00000 n The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. 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/). Power of attorney means the authority given one person or corporation to act for and obligate another, as specified in the instrument creating the power; in corporate suretyship, an instrument under seal that appoints an attorney-in-fact to act in behalf of a surety company in signing bonds (see also "attorney-in-fact" at 28.001). 0000096711 00000 n 0000098049 00000 n 0000099054 00000 n 0000101108 00000 n 0000103613 00000 n 0000165671 00000 n 0000167162 00000 n 0000072144 00000 n Construction means construction, alteration, or repair (including dredging, excavating, and painting) of buildings, structures, or other real property. 0000170914 00000 n 0000105593 00000 n 0000153108 00000 n 11314(a)(2). All costs identified specifically with other final cost objectives of the contractor are direct costs of those cost objectives. 0000155974 00000 n Preaward survey means an evaluation of a prospective contractors capability to perform a proposed contract. 0000095598 00000 n 0000071430 00000 n 0000088567 00000 n 0000151602 00000 n 0000103423 00000 n 0000137911 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. 0000172910 00000 n (6) The Environmental Protection Acts and Executive orders. Direct cost means any cost that is identified specifically with a particular final cost objective. 0000146099 00000 n 0000110435 00000 n It usually is measured by the net proceeds from the sale or other disposition of the asset, or its fair value if the asset is traded in on another asset. Costs identified specifically with a contract are direct costs of that contract. 0000143781 00000 n 0000160577 00000 n 0000065264 00000 n 0000154620 00000 n 0000140991 00000 n When the Fed changes the money. 0000062769 00000 n 0000168922 00000 n 0000155398 00000 n 0000169652 00000 n The Fed uses open market operations to encourage banks to meet this target. The bases for the Councils designations are availablehere: The FMUs that the Council designated perform a variety of functions in the market, including the clearance and settlement of cash, securities, and derivatives transactions; many of them are central counterparties and are responsible for clearing a large majority of trades in their respective markets. 0000080897 00000 n (3) The term "information technology" does not include any equipment that-, (i) Is acquired by a contractor incidental to a contract; or. 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. 0000115229 00000 n 0000069746 00000 n 0000085110 00000 n Contract administration office means an office that performs-, (1) Assigned postaward functions related to the administration of contracts; and. 0000127552 00000 n 0000094434 00000 n (1) Means a subset of consolidation that combines two or more requirements for supplies or services, previously provided or performed under separate smaller contracts (see paragraph (2) of this definition), into a solicitation for a single contract, a multiple-award contract, or a task or delivery order that is likely to be unsuitable for award to a small business concern (even if it is suitable for award to a small business with a Small Business Teaming Arrangement) due to. Such data may include the identical types of data as certified cost or pricing data, consistent with Table 15-2 of 15.408, but without the certification. 0000150469 00000 n 0000132865 00000 n 0000133475 00000 n 0000078404 00000 n (3) A service referred to in paragraph (1) or (2) of this definition, even though the service is transferred between or among separate divisions, subsidiaries, or affiliates of a contractor.
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