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Government Contract Acronyms Resource Sheet

June 5, 2019

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

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Whitepaper: The Audit World's Biggest Myths
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