Small Business
This federal agency is responsible for establishing the size standards used in FAR Part 19 to determine whether a business qualifies as "small"
Small Business Administration (SBA)
A critical function of EPS is it's end to end integration with this specific financial management system of record
Defense Agencies Initiative (DAI)
The ultimate objective of both cost and price analysis is to ensure that the final price meets this two word standard
Fair and reasonable
The delivery date has not passed, but a contractor is severely behind schedule on developing a new software module. Before the KO can terminate the contract for default, they are required to issue this formal written document
Cure Notice
This program is designed to assist socially and economically disadvantaged individuals in assessing the federal procurement market
8(a) Program
EPS automatically interfaces with this mandatory DoD-wide suite of applications which houses WAWF
Procurement Integrated Enterprise Environment (PIEE)
This type of analysis is the process of independently reviewing specific elements of an estimated cost to determine if they reflect a clear understanding of the work
Cost Realism Analysis
To resolve a disagreement without going to court, the KO and the contractor agree to use a neutral third party to facilitate a settlement. This process is commonly known as
Alternative Dispute Resolution (ADR)
For federal contract with a value exceeding this dollar amount, a successful large business offeror must submit an acceptable small business subcontracting plan
$750,000
These specific CLINs represent pre-priced periods of performance or quantities that are not funded or active at the time of initial award.
Option CLINs
A cost is considered this if it is assignable or chargeable to one or more cost objective
Allocable
After all deliveries are made and payments are processed, this process should take place for any remaining funds left on the contract
Deobligation
This is the dollar value range of when procurements shall be automatically set aside for small businesses
Micro-purchase ($10,000) to Simplified Acquisition Threshold ($350,000)
If the ECF lacks proof of certified funding prior to contract execution, the KO is vulnerable to violating this federal law
Anti-Deficiency Act (ADA)
Under current defense acquisition regulations, the monetary threshold for requiring certified cost or pricing data is set at this dollar threshold
$2 Million
If the contractor has provided defective certified cost and pricing data, the government would have the right to adjust the contract downward using this 1962 Act
Truth in Negotiations Act (TINA)
This small business rule governs resellers and requires adherence to three different criteria (number of employee, size status and ownership)
Non-Manufacturer Rule
A deliverable SLIN is identified by two of these characters
Numeric
This pricing strategy occurs when an offeror proposes a very low price for the initial contract, with the intent of recovering their losses through future high-priced mods or follow-on work
Buying-In
After a Firm-Fixed Price contract has reached completion, the closeout process should ideally be complete within this many months
6 Months