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Neither the financial institution nor the offeror/contractor can revoke or condition the letter of credit. 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. 0000170246 00000 n
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(2) Restrict in any way a contracting officer in the performance of any duty properly assigned. 0000128252 00000 n
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Federal agency means any executive agency or any independent establishment in the legislative or judicial branch of the Government (except the Senate, the House of Representatives, the Architect of the Capitol, and any activities under the Architects direction). Under this concept, cost is a design constraint during the design and development phases and a management discipline throughout the acquisition and operation of the system or equipment. 0000114939 00000 n
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Banks, New Security Issues, State and Local Governments, Senior Credit Officer Opinion Survey on Dealer Financing
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For use in subpart 23.5, see the definition at 23.503. 0000132593 00000 n
Energy-savings performance contract means a contract that requires the contractor to-. 0000069933 00000 n
While they do not indicate the accuracy of the prospective contractors judgment about estimated future costs or projections, they do include the data forming the basis for that judgment. Source selection information means any of the following information that is prepared for use by an agency for the purpose of evaluating a bid or proposal to enter into an agency procurement contract, if that information has not been previously made available to the public or disclosed publicly: (1) Bid prices submitted in response to an agency invitation for bids, or lists of those bid prices before bid opening. 0000087853 00000 n
(i) Is the product of original thinking submitted confidentially by one source; (ii) Contains new, novel, or changed concepts, approaches, or methods; (iii) Was not submitted previously by another; and. 0000145142 00000 n
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(5) Technical evaluations of proposals. The GPE is located at https://www.sam.gov. 0000111201 00000 n
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OMB Uniform Guidance at 2 CFR part 200 is the abbreviated title for Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR part 200), which supersedes OMB Circulars A-21, A-87, A-89, A-102, A-110, A-122, and A-133, and the guidance in Circular A-50 on Audit Followup. 0000106848 00000 n
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Manage a physical auction along with an automated auction, which includes electronic quotes from other DMMs and market participants, Meet NYSE market depth and continuity standards, Encourage participation and improve market quality by keeping quotes in-line with floor broker quotes. Receiving report means written evidence that indicates Government acceptance of supplies delivered or services performed (see subpart 46.6). %%EOF
Unallowable cost means any cost that, under the provisions of any pertinent law, regulation, or contract, cannot be included in prices, cost-reimbursements, or settlements under a Government contract to which it is allocable. (ii) Minor modifications of a type not customarily available in the commercial marketplace made to meet Federal Government requirements. 0000151953 00000 n
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Consolidation or consolidated requirement, (1) Means a solicitation for a single contract, a multiple-award contract, a task order, or a delivery order to satisfy-, (i) Two or more requirements of the Federal agency for supplies or services that have been provided to or performed for the Federal agency under two or more separate contracts, each of which was lower in cost than the total cost of the contract for which offers are solicited; or. S
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Budget, Financial Reporting, Planning and Performance, Financial Markets, Financial Institutions, and Fiscal Service, Treasury Coupon-Issue and Corporate Bond Yield Curve, Treasury International Capital (TIC) System, Kline-Miller Multiemployer Pension Reform Act of 2014, Taxpayers Will See Improved Service This Filing Season Thanks to Inflation Reduction Act, Disparities in the Benefits of Tax Expenditures by Race and Ethnicity, Racial Differences in Economic Security: Non-Housing Assets, Treasury Sanctions People Involved in Serious Human Rights Abuse Against Vladimir Kara-Murza, Treasury Announces Approval of Up to $890.7 Million to Support Small Business Success Across Three States, Treasury Sanctions CJNG-Run Timeshare Fraud Network. (1) Means, (i) Computer programs that comprise a series of instructions, rules, routines, or statements, regardless of the media in which recorded, that allow or cause a computer to perform a specific operation or series of operations; and. 0000155084 00000 n
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(2) Studies, analyses and evaluations, i.e., contracted services that provide organized, analytical assessments/evaluations in support of policy development, decision-making, management, or administration. 0000168450 00000 n
"Termination contracting officer (TCO)" refers to a contracting officer who is settling terminated contracts. 0000154852 00000 n
Solicitations under sealed bid procedures are called "invitations for bids." They are also expected to make markets for the New York Fed on behalf of its official accountholders as needed, and to bid on a pro-rata basis in all Treasury auctions at reasonably competitive prices. 0000098223 00000 n
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Irrevocable letter of credit means a written commitment by a federally insured financial institution to pay all or part of a stated amount of money, until the expiration date of the letter, upon the Governments (the beneficiary) presentation of a written demand for payment. 0000134386 00000 n
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(2) Set-aside awards based on competition restricted to HUBZone small business concerns. 0000086831 00000 n
Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. 0000171150 00000 n
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what does holetta mean in polish renault clio steering wheel controls not working je ne ressens rien quand mon copain me touche 0000177399 00000 n
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Governmentwide point of entry (GPE) means the single point where Government business opportunities greater than $25,000, including synopses of proposed contract actions, solicitations, and associated information, can be accessed electronically by the public. 0000154620 00000 n
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Companies such as investment banks and trading firms can act as designated market makers. 0000084017 00000 n
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Small disadvantaged business concern consistent with 13 CFR 124.1002, means a small business concern under the size standard applicable to the acquisition, that: (1) Is at least 51 percent unconditionally and directly owned (as defined at 13 CFR 124.105) by, (i) One or more socially disadvantaged (as defined at 13 CFR 124.103) and economically disadvantaged (as defined at 13 CFR 124.104) individuals who are citizens of the United States; and, (ii) Each individual claiming economic disadvantage has a net worth not exceeding $750,000 after taking into account the applicable exclusions set forth at 13 CFR 124.104(c)(2); and. 0000180562 00000 n
These projections may include rates for such things as labor, indirect costs, material obsolescence and usage, spare parts provisioning, and material handling. Shipment means freight transported or to be transported. Inflation is a loss of purchasing power over time, meaning your dollar will not go as far tomorrow as it did today. 0000172438 00000 n
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We also reference original research from other reputable publishers where appropriate. 0000112986 00000 n
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(3) See 13 CFR 121.103(b)(9) regarding the exception to affiliation for offers received from Small Business Teaming Arrangements in the case of a solicitation of offers for a bundled contract with a reserve. 0000144369 00000 n
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Consent to subcontract means the contracting officers written consent for the prime contractor to enter into a particular subcontract. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. 0000167786 00000 n
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For construction contracts that have been completely terminated for convenience, it means the entire contract, notwithstanding the completion of, and payment for, individual items of work before termination. 0000118392 00000 n
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Latent defect means a defect that exists at the time of acceptance but cannot be discovered by a reasonable inspection. 0000149910 00000 n
United States, when used in a geographic sense, means the 50 States and the District of Columbia, except as follows: (1) For use in subpart 3.10, see the definition at 3.1001. 0000089405 00000 n
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"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. 0000173709 00000 n
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(2) The nature and amount of any contingencies included in the proposed price. 0000119671 00000 n
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Residual value means the proceeds, less removal and disposal costs, if any, realized upon disposition of a tangible capital asset. 0000137091 00000 n
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Terms, Statistics Reported by Banks and Other Financial Firms in the
Section 117 of the Dodd-Frank Act applies to any entity that was a bank holding company with total consolidated assets of at least $50 billion as of January 1, 2010, and that received financial assistance under or participated in the Capital Purchase Plan established under the Troubled Asset Relief Program, and to any successor entity to such a bank holding company. Governmentwide acquisition contract (GWAC) means a task-order or delivery-order contract for information technology established by one agency for Governmentwide use that is operated-, (1) By an executive agent designated by the Office of Management and Budget pursuant to 40U.S.C. They're usually separated by metropolitan area, with rural areas often being combined. The data may also include, for example, sales data and any information reasonably required to explain the offerors estimating process, including, but not limited to, (1) The judgmental factors applied and the mathematical or other methods used in the estimate, including those used in projecting from known data; and. 0000087231 00000 n
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Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue N.W., Washington, DC 20551, Last Update:
8259b). On June 8, 2015, staff supporting the Council released guidance that provides additional details explaining how the Stage 1 thresholds are calculated: Staff Guidance: Methodologies Relating to Stage 1 Thresholds. 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. 0000069351 00000 n
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(1) Technologies that use renewable energy to provide light, heat, cooling, or mechanical or electrical energy for use in facilities or other activities; or. 0000151543 00000 n
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Information security means protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction in order to provide-. 0000172615 00000 n
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Overtime means time worked by a contractors employee in excess of the employees normal workweek. 0000088143 00000 n
5122). 0000158134 00000 n
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(9) Reports and evaluations of source selection panels, boards, or advisory councils. 0000090959 00000 n
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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). 0000137033 00000 n
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Services, Sponsorship for Priority Telecommunication Services, Supervision & Oversight of Financial Market
The contractor will be required to provide consent for TIN validation to the Government as a part of the SAM registration process; and. Women-owned small business concern means, (1) A small business concern, (i) That is at least 51 percent owned by one or more women; or, in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more women; and, (ii) Whose management and daily business operations are controlled by one or more women; or. (3) The system is designated a "major system" by the head of the agency responsible for the system ( 10 U.S.C. 0000156819 00000 n
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Shop drawings means drawings submitted by the construction contractor or a subcontractor at any tier or required under a construction contract, showing in detail either or both of the following: (1) The proposed fabrication and assembly of structural elements. 0000043811 00000 n
The term includes Automated Clearing House transfers, Fedwire transfers, and transfers made at automatic teller machines and point-of-sale terminals. 0000073568 00000 n
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Such companies will be subject to consolidated supervision by the Federal Reserve and enhanced prudential standards. 0000069160 00000 n
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Chief of mission means the principal officer in charge of a diplomatic mission of the United States or of a United States office abroad which is designated by the Secretary of State as diplomatic in nature, including any individual assigned under section 502(c) of the Foreign Service Act of 1980 (Public Law 96-465) to be temporarily in charge of such a mission or office. Preponderance of the evidence means proof by information that, compared with that opposing it, leads to the conclusion that the fact at issue is more probably true than not. This type of position was added in order to increase competitiveness and market quality as electronic trading becomes more widespread and dominates financial markets. 0000096711 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. 0000098049 00000 n
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National defense means any activity related to programs for military or atomic energy production or construction, military assistance to any foreign nation, stockpiling, or space, except that for use in subpart 11.6, see the definition in 11.601. 0000153049 00000 n
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(iv) Any combination of the factors described in paragraphs (1)(i), (ii), and (iii) of this definition. 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. 0000119494 00000 n
Solicitations under simplified acquisition procedures may require submission of either a quotation or an offer. Contract administration office means an office that performs-, (1) Assigned postaward functions related to the administration of contracts; and. 0000143979 00000 n
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