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38 Terms
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8(a) business/set-aside
a procurement exclusively for small disadvantaged business as designated by the Small Business Administration
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Address
where the Government mails our checks to
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AIDARs
Agency for International Development Acquisition Regulations
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Annual Year
number of days in a year upon which an annual salary is based
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CAS Cost Accounting Standards
government requirements for the accounting systems of institutions who conduct government sponsored activities
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CCN Cooperating Country Nationals
citizens of the country in which work is performed; also know as host country nationals or local employees
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Ceilings
the limit on increases in either salary raises or indirect rates over the life of the project
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Certificate of Current Cost and Pricing
a form to warrant that the prices used in our cost estimates are current
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Certificate of Procurement Integrity
a form/statement that certifies that to the best of our knowledge and belief we have not violated procurement integrity regulations [Subsection 27 of the Office of Federal Procurement Policy Act as amended (41 U.S.C. 423)
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Company facilities statement
a statement that the bidder has the necessary facilities to conduct the proposed work and a description of those facilities
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Contractor Responsibility Statement
a statement that bidder has the necessary financial resources and capacity to conduct the proposed work
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Daily rate
amount payable per day
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DCAA Defense Contractor Audit Agency
Agency esponsible for auditing Government contractors
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Expatriate
USN
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FARs
Federal Acquisition Regulations
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Fee
profit
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Fiscal year
accounting year for the firm
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Fringe Benefit
a percentage of salary which is set aside for the company-wide pool utilized to pay for the employee's fringe benefits
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G&A General and Administrative Rate
covers the firm's cost for administration of contracts (such as accounting costs)
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Grey Amendment firm
a firm classified as either small, small disadvantaged, disadvantaged (large) or a historically black college or university
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HBCU
Historically Black Colleges and Universities
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Indirect Rates
refers to fringe benefits, overhead and G&A
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Loaded Labor
labor costs plus fringe benefits and overhead; fully loaded labor refers to labor costs plus fringe benefits plus G&A plus fee
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LOE/Level of Effort:
number of units of time (days, months or years) that a particular employee (such as Chief of Party), class of employees (such as local employees or host country nationals) or type of service (short term technical assistance) is provided to the project
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NICRA
Negotiated Indirect Cost Rate Agreement which specified what fringe, overhead and G&A rates to be used for billing purposes during a given fiscal year (also referred to as provisional rates)
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ODCs other direct costs
such as telephone, telefax, office supplies, xerox, etc.
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Overhead
a percentage computed on salary plus fringe benefits which is utilized for such costs as office space, equipment rental, and sales and marketing costs
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P/L Statements
Profit/Loss Statements
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Provisional Rates
proposed indirect rates approved for bidding purposes by a Government audit agency
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reps & certs
Representations and Certifications - a standard form with information about the bidding firm providing data on the size, organization, and capacity of the firm
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small business
a firm with below a certain number of employees or dollars of annual revenues for specific types of work. The classifications are made by the Small Business Administration
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small business and small disadvantaged business plan
a document which explains how the prime contractor will attempt to utilize small and/or small disadvantaged businesses in executing the project
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small disadvantaged business
a small business (defined above) owned 50% or more by individuals classified as disadvantaged (black, hispanic, American Indian, etc.). Women-owned firms sometimes qualify as disadvantaged firms
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Standard Form 1411
a budget cover page and summary form
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subcontracting plan
a document which explains which institutions will participate in the project by subcontract and why, how they were selected, what percent will be subcontracted to small, small disadvantaged and Grey Amendment firms. The percents become goals which are monitored by the Government and are important to achieve
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subcontractor justification
a document which explains how and why subcontract institutions were selected
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TCN third country national
an individual who is neither a cooperating country national nor a U.S. national, but a citizen of a Free World Country (Geographic Code 935)
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USN U.S. national
an individual who is a U. S. citizen or a non-U.S. citizen lawfully admitted for permanent residence in the U. S. (regardless of where they reside); also known as expatriate personnel