Our Experts know Government Contracting regulations can be difficult to manage, but terminology should not be. The GovCon industry uses a lot of acronyms so our team put together some of the most used terms as a quick resource.
Below are some of the most common acronyms and we created a printable document to keep handy or download as a file for quick access.
ACO | Administrative Contracting Officer | FPRA | Forward Pricing Rate Agreement |
BAFO | Best and Final Offer | GAO | Government Accountability Office |
BOA | Basis of Award | ICS | Incurred Cost Submission |
BOM | Bill of Material | IDIQ | Indefinite Delivery/Indefinite Quantity |
B&P | Bid and Proposal | IRAD | Independent Research and Development |
CACO | Corporate Administrative Contracting Officer | IR&D | Independent Research and Development |
CAGE | Commercial and Government Entity | ITAR | International Traffic in Arms Regulations |
CAS | Cost Accounting Standards | MMAS | Material Management Accounting System |
CDRL | Contract Data Requirements List | NDAA | National Defense Authorization Act |
CLIN | Contract Line Item Number | ODC | Other Direct Costs |
CO/KO | Contracting Officer | OIG | Office of Inspector General |
COTR | Contracting Officer’s Technical Representative | OMB | Office of Management and Budget |
COTS | Commercial Off-The-Shelf | PCO | Procurement Contracting Officer |
CPFF | Cost Plus Fixed Fee | RFI | Request for Information |
DACO | Divisional Administrative Contracting Officer | RFP | Request for Proposal |
DCAA | Defense Contract Audit Agency | RFQ | Request for Quote |
DCMA | Defense Contract Management Agency | SAM | System for Award Management |
DFARS | Defense Federal Acquisition Regulation Supplement | SAT | Simplified Acquisition Threshold |
SCA | Service Contract Act | ||
DOD | Department of Defense | T&C | Terms and Conditions |
DOJ | Department of Justice | T&M | Time and Materials |
EAC | Estimate at Completion | TCPD | Truthful Cost or Pricing Data |
ETC | Estimate to Complete | (formerly Truth in Negotiations Act) | |
EVMS | Earned Value Management System | TiN | Truth in Negotiations |
FAR | Federal Acquisition Regulation | Truth in Negotiations Act (formerly Truth in Negotiations Act or TINA) | |
FFP | Firm Fixed Price | Ts&Cs | Terms and Conditions |
FOIA | Freedom of Information Act | WAWF | Wide Area Workflow |