Who's Who?
Contract Type
Name That FAR Part
Acronyms
Over The Threshold
100

This person has the authority to award and terminate U.S. Government contracts

Who is a contracting officer?

FAR 1.602-1


100
This contract type should be used when the U.S. has the ability to describe is needs in the form of reasonably definite functional or detailed specifications and can easily establish a fair and reasonable price. 

What is a firm fixed priced contract?

FAR 16.202-2

100

This FAR Part identifies the Federal Acquisition System's Guiding Principles.g Principles.

What is FAR Part 1?

FAR 1.102

100

ANC

What is Alaska Native Corporation?

FAR 19.701

100

The micro-purchase threshold

What is $10,000

FAR 2.101

200

This person may be asked to monitor the "technical work" performed by a government contractor.

Who is a Contracting Officer's Representative?

FAR 1,604

200

This contract type may not be used in a procurement for "commercial" services.

What is a cost reimbursement type contract?

FAR 12.207 and FAR 16.301-3

200

The FAR Part that sets guidelines for the Government's use of GSA Federal Supply Contracts.

What is FAR Part 8?

FAR 8.4

200

T&M

Time and Materials

FAR 16.601

200

Threshold that triggers application of the Service Contract Act.

What is $2,500

FAR 22.1002-1

300

This person may be requested by a contracting officer to determine the adequacy of a contractor's indirect cost rates.

Who is a DCAA auditor

300

This firm-fixed priced type contract which is suitable for R&D services requires a contractor to submit time sheets and/or labor reports with its invoices.

What is a firm-fixed price level of effort contract?

FAR 16.207-1

300

The FAR Part that explains how to perform a price analysis for commercial and noncommercial items.

What is FAR Part 15?

FAR 15.404-1(b)

300

SAM

System for Award Management

FAR 2.101

300

The simplified acquisition threshold

What is $250,000?

FAR 2.101

400

Along with a contracting officer, this person is required to approve all sole source contracts entered into by  U.S. Government agency valued between $700,000 and $13.5M.

Who is the agency advocate for competition.

FAR 6.304


400

This type of contractor guarantees that, upon award, a contractor will be the sole provider to an agency of a particular product of services over a set contract period.

What is a requirements contract?

FAR 16.503

400

The FAR Part that establishes how the U.S. Government can award a contract on a sole source basis.

What is FAR Part 6?

FAR 6.3

400

FOIA

Freedom of Information Act

FAR 24.2

400

Threshold that triggers a requirement for prime contractor subcontracting plans for other than construction services.

What is $750,000?

FAR 19.702

500

This person is considered the "ultimate" customer of all U.S. Government contracts.

Who is the American taxpayer?

FAR 1.102-1

500

The Government may use this special type of agreement when it does not have sufficient time to negotiate a "definite contract" to meet its requirements.

What is a letter contract?

FAR 16.603

500

The FAR Part sets forth information needed by the Government to obtain subcontractor consent. 

What is FAR Part 44.

FAR 44.2

500

FAPIIS

Federal Awardee Performance and Integrity Information

FAR 9.104-6

500

Threshold that triggers a requirement to disclose "certified cost and pricing data".

What is $2M?