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(3) Availability, which means ensuring timely and reliable access to, and use of, information. Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. endstream
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A recession is the period between a peak of economic activity and its subsequent trough, or lowest point. 0000114141 00000 n
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Multi-agency contract (MAC) means a task-order or delivery-order contract established by one agency for use by Government agencies to obtain supplies and services, consistent with the Economy Act (see 17.502-2). 0000108003 00000 n
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Task order means an order for services placed against an established contract or with Government sources. 0000168686 00000 n
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NSCC is a clearing agency registered with the SEC. 0000151071 00000 n
A neutral person may be a permanent or temporary officer or employee of the Federal Government or any other individual who is acceptable to the parties. 0000135811 00000 n
(2) Non-Economy Act acquisitions completed under other statutory authorities, (e.g., General Services Administration Federal Supply Schedules in subpart 8.4 and Governmentwide acquisition contracts (GWACs)). 0000180243 00000 n
Photo: John Nacion/NurPhoto/Zuma Press. 0000122130 00000 n
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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. (10) PSC 9630, Additive Metal Materials. 0000085569 00000 n
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(2) In this context, the term does not mean that the source has the sole capability of performing the research. 0000072144 00000 n
Cost or pricing data is required to be certified in certain procurements (10 U.S.C. increases with this activity as the source of repayment is dependent on investor appetite, liquidity, and market demand, which may significantly change during this period. Energy-savings performance contract means a contract that requires the contractor to-. 0000074434 00000 n
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Depreciation means a charge to current operations that distributes the cost of a tangible capital asset, less estimated residual value, over the estimated useful life of the asset in a systematic and logical manner. on the basis of its role as operator of the Clearing House Interbank Payments System. 0000131934 00000 n
Practices, Structure and Share Data for the U.S. Offices of Foreign
0000157114 00000 n
The servicing agency manages the indefinite-delivery contract but does not participate in the placement or administration of an order. 0000136302 00000 n
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chapter 31, subchapter IV, Wage Rate Requirements (Construction) ( 41 U.S.C. (3) The term "information technology" does not include any equipment that-, (i) Is acquired by a contractor incidental to a contract; or. (2) Proposed costs or prices submitted in response to an agency solicitation, or lists of those proposed costs or prices. This term is used in conjunction with a physical point to determine-, (1) The responsibility and basis for payment of freight charges; and. 0000135313 00000 n
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Descriptive literature means information provided by an offeror, such as cuts, illustrations, drawings, and brochures, that shows a products characteristics or construction of a product or explains its operation. 0000064726 00000 n
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A designated market maker is one that has been selected by the exchange as the primary market maker for a given security. 0000071560 00000 n
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Subline item means a subset of a line item. 0000123117 00000 n
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(ii) The management and daily business operations of which are controlled by one or more service-disabled veterans or, in the case of a service-disabled veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran. The Fed's cease-and-desist order also calls for an internal controls and compliance plan of action, with a brief to evolve policies and procedures to ensure compliance for BNPP business lines that engage in "designated market activities," including US anti-trust (anti-monopoly) laws. Contracting means purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources. Value engineering means an analysis of the functions of a program, project, system, product, item of equipment, building, facility, service, or supply of an executive agency, performed by qualified agency or contractor personnel, directed at improving performance, reliability, quality, safety, and life-cycle costs ( 41U.S.C. 0000075514 00000 n
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(ii) Howland Island. 0000171150 00000 n
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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. 0000111275 00000 n
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(5) Submarines. 0000141181 00000 n
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Federal Reserve Regulations: Rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the legislature . 0000074192 00000 n
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chapter83, Buy American; or. 0000115113 00000 n
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3544(a)(1)(A)). 0000175605 00000 n
Overtime means time worked by a contractors employee in excess of the employees normal workweek. 0000133350 00000 n
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Historically black college or university means an institution determined by the Secretary of Education to meet the requirements of 34 CFR 608.2. 0000167902 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. 0000152754 00000 n
Supplemental agreement means a contract modification that is accomplished by the mutual action of the parties. An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022, (a) This part-. The FSOC approved supplemental procedures in 2015 for reviewing nonbank financial companies for potential designation: Supplemental Procedures Relating to Nonbank Financial Company Determinations (February 4, 2015). 0000075205 00000 n
(4) The Government has marked the record Active. 0000117113 00000 n
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There is no exception to joint venture size affiliation for offers received from teaming arrangements under the Department of Defense Pilot Mentor-Protg Program; and. 0000088758 00000 n
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The Council believes that the completion of the FMU designations process for this initial set of FMUs is a major milestone in the implementation of the Dodd-Frank Act and that the designation of these entities will instill confidence in their respective markets. 0000126697 00000 n
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Facilities capital cost of money means "cost of money as an element of the cost of facilities capital" as used at 48 CFR 9904.414-Cost Accounting Standard-Cost of Money as an Element of the Cost of Facilities Capital. 0000105416 00000 n
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Federally-controlled information system means an information system ( 44U.S.C. 0000131056 00000 n
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(1) An inherently governmental function involves, among other things, the interpretation and execution of the laws of the United States so as to-. 0000136801 00000 n
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(ii) A higher threshold, as determined appropriate by the head of the agency and consistent with clean audit findings under 31 U.S.C. 0000072401 00000 n
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For cost-reimbursement research and development contracts with educational institutions, it may be predetermined; that is, established for a future period on the basis of cost experience with similar contracts, together with supporting data. (4) Facilities under a management and operating contract, such as for the operation, maintenance, or support of a Government-owned or Government-controlled research, development, special production, or testing establishment. !pRq8IT 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. 0000147449 00000 n
We also reference original research from other reputable publishers where appropriate. 0000129792 00000 n
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A specialist unit was a group of people or firms that served as market makers for specific stocks in the period before electronic exchanges. 0000168072 00000 n
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(1) The Department of Defense is responsible for the system and the total expenditures for research, development, test, and evaluation for the system are estimated to be more than $185 million based on Fiscal Year 2014 constant dollars or the eventual total expenditure for the acquisition exceeds $835 million based on Fiscal Year 2014 constant dollars (or any update of these thresholds based on a more recent fiscal year, as specified in the DoD Instruction 5000.02, "Operation of the Defense Acquisition System"); (2) A civilian agency is responsible for the system and total expenditures for the system are estimated to exceed $2.5 million or the dollar threshold for a "major system" established by the agency pursuant to Office of Management and Budget Circular A-109, entitled "Major System Acquisitions," whichever is greater; or. The GPE is located at https://www.sam.gov. (ii) Has been offered for sale, lease, or license to the general public; (2) A product that evolved from a product described in paragraph (1) of this definition through advances in technology or performance and that is not yet available in the commercial marketplace, but will be available in the commercial marketplace in time to satisfy the delivery requirements under a Government solicitation; (3) A product that would satisfy a criterion expressed in paragraph (1) or (2) of this definition, except for-, (i) Modifications of a type customarily available in the commercial marketplace; or. 0000138695 00000 n
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Substantial evidence means information sufficient to support the reasonable belief that a particular act or omission has occurred. (3) Protects natural resources by conservation. 0000073568 00000 n
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Change-of-name agreement means a legal instrument executed by the contractor and the Government that recognizes the legal change of name of the contractor without disturbing the original contractual rights and obligations of the parties. 0000138790 00000 n
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Shipment means freight transported or to be transported. 0000167278 00000 n
(i) The diversity, size, or specialized nature of the elements of the performance specified; (ii) The aggregate dollar value of the anticipated award; (iii) The geographical dispersion of the contract performance sites; or. 0000170180 00000 n
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Solicitation means any request to submit offers or quotations to the Government. 0000093617 00000 n
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Communications, Banking Applications & Legal Developments, Financial Stability Coordination & Actions, Financial Market Utilities & Infrastructures.
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