0000160325 00000 n Insurance means a contract that provides that for a stipulated consideration, one party undertakes to indemnify another against loss, damage, or liability arising from an unknown or contingent event. Line item means the basic structural element in a procurement instrument that describes and organizes the required product or service for pricing, delivery, inspection, acceptance, invoicing, and payment. 0000156586 00000 n 0000077383 00000 n 0000124589 00000 n 0000085321 00000 n 0000085636 00000 n 0000105033 00000 n 0000095038 00000 n "Membership." 0000163307 00000 n 0000142858 00000 n 0000080810 00000 n 0000111943 00000 n 0000101920 00000 n Single, Governmentwide point of entry, means the one point of entry to be designated by the Administrator of OFPP that will allow the private sector to electronically access procurement opportunities Governmentwide. 11302(e); or. The DMM also serves as a point of contact on the trading floor for the listed company, and provides the company with information, such as the general market conditions, the mood of traders, and who is trading the stock. 0000165032 00000 n 0000075936 00000 n 0000087076 00000 n 0000070836 00000 n 0000122775 00000 n 0000174158 00000 n 0000064914 00000 n 0000081268 00000 n Assignment of claims means the transfer or making over by the contractor to a bank, trust company, or other financing institution, as security for a loan to the contractor, of its right to be paid by the Government for contract performance. 0000107944 00000 n 0000120827 00000 n 0000115693 00000 n 0000148075 00000 n 0000079336 00000 n 0000169040 00000 n 0000142486 00000 n 0000176950 00000 n All advisory and assistance services are classified in one of the following definitional subdivisions: (1) Management and professional support services, i.e., contractual services that provide assistance, advice or training for the efficient and effective management and operation of organizations, activities (including management and support services for R&D activities), or systems. Continued portion of the contract means the portion of a contract that the contractor must continue to perform following a partial termination. 0000073444 00000 n 0000159555 00000 n There are 210 DMAs nationwide. (8) Rankings of bids, proposals, or competitors. 0000131816 00000 n 0000077557 00000 n Inherently governmental function means, as a matter of policy, a function that is so intimately related to the public interest as to mandate performance by Government employees. 0000129313 00000 n 0000175428 00000 n 0000100514 00000 n 0000160120 00000 n Advisory and assistance services means those services provided under contract by nongovernmental sources to support or improve: organizational policy development; decision-making; management and administration; program and/or project management and administration; or R&D activities. 0000121481 00000 n 0000101108 00000 n 0000041030 00000 n 0000122601 00000 n 0000065662 00000 n 451 1780 0000099924 00000 n This compensation may impact how and where listings appear. 0000153236 00000 n 0000134444 00000 n 0000132939 00000 n The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. 0000097933 00000 n 0000076775 00000 n DMMs also oversee and run opening auctions, when orders are taken before the opening of an exchange to buy and sell securities, and closing auctions as well, when closing prices are similarly resolved after exchanges close on each trading day. (1) Installation services, maintenance services, repair services, training services, and other services if, (i) Such services are procured for support of a commercial product as defined in this section, regardless of whether such services are provided by the same source or at the same time as the commercial product; and. 0000102938 00000 n 0000135372 00000 n List of primary dealers 0000110797 00000 n Preaward survey means an evaluation of a prospective contractors capability to perform a proposed contract. 0000163506 00000 n 0000152500 00000 n The designated market maker position is relatively new to the New York Stock Exchange. Governmentwide point of entry (GPE) means the single point where Government business opportunities greater than $25,000, including synopses of proposed contract actions, solicitations, and associated information, can be accessed electronically by the public. 0000108298 00000 n 0000082313 00000 n 0000161316 00000 n Value engineering change proposal (VECP), (1) Means a proposal that, (i) Requires a change to the instant contract to implement; and, (ii) Results in reducing the overall projected cost to the agency without impairing essential functions or characteristics, provided, that it does not involve a change. 0000083820 00000 n 0000134793 00000 n 0000079163 00000 n 0000101042 00000 n 0000143090 00000 n 0000145981 00000 n 0000134386 00000 n 0000110937 00000 n 0000092899 00000 n 0000113045 00000 n 0000146186 00000 n Effective date of termination means the date on which the notice of termination requires the contractor to stop performance under the contract. 0000081144 00000 n 0000071690 00000 n 0000109807 00000 n Consent to subcontract means the contracting officers written consent for the prime contractor to enter into a particular subcontract. 0000137207 00000 n 0000145918 00000 n 0000082016 00000 n 0000109749 00000 n 0000174099 00000 n Federal banking regulators on Wednesday fined Citigroup Inc. $400 million and ordered the nation's third-largest bank to fix its risk-management systems . 0000168186 00000 n 0000169232 00000 n 0000139074 00000 n (5) Submarines. 0000102400 00000 n 0000154443 00000 n 0000128598 00000 n 0000151130 00000 n 0000124960 00000 n Latent defect means a defect that exists at the time of acceptance but cannot be discovered by a reasonable inspection. 0000142974 00000 n Forward pricing rate agreement means a written agreement negotiated between a contractor and the Government to make certain rates available during a specified period for use in pricing contracts or modifications. 0000151366 00000 n 0000113715 00000 n 0000065392 00000 n 0000174755 00000 n 0000162042 00000 n means free on board. It does not involve a process of valuation. 0000161258 00000 n 0000115579 00000 n 0000175723 00000 n 0000114082 00000 n 0000149971 00000 n 0000088368 00000 n 0000162533 00000 n 0000067350 00000 n 0000134851 00000 n Multiple-award contract means a contract that is. 0000165671 00000 n (ii) A higher threshold, as determined appropriate by the head of the agency and consistent with clean audit findings under 31 U.S.C. On March 6, 2019, the Council approved a notice of proposed interpretive guidance and request for public comment regarding nonbank financial company determinations: Notice of Proposed Interpretive Guidance and Request for Public Comment Regarding Nonbank Financial Company Determinations. 0000125148 00000 n 0000146741 00000 n Inflation is a loss of purchasing power over time, meaning your dollar will not go as far tomorrow as it did today. 0000150667 00000 n 0000171563 00000 n 0000089462 00000 n 0000121075 00000 n 0000156238 00000 n It usually is measured by the net proceeds from the sale or other disposition of the asset, or its fair value if the asset is traded in on another asset. 0000083946 00000 n Solicitations under negotiated procedures are called "requests for proposals." Historically black college or university means an institution determined by the Secretary of Education to meet the requirements of 34 CFR 608.2. 0000180387 00000 n 0000118845 00000 n A neutral person must have no official, financial, or personal conflict of interest with respect to the issues in controversy, unless the interest is fully disclosed in writing to all parties and all parties agree that the neutral person may serve ( 5 U.S.C.583). Taxpayer Identification Number (TIN) means the number required by the IRS to be used by the offeror in reporting income tax and other returns. 0000103555 00000 n The term does not include routine training, force rotation, or stationing (( 10 U.S.C. 0000136184 00000 n 0000146915 00000 n If the contractor receives the termination notice after the date fixed for termination, then the effective date of termination means the date the contractor receives the notice. 0000162592 00000 n 0000170840 00000 n 0000128450 00000 n 0000146432 00000 n (2) Unless otherwise agreed, the point where title for goods passes to the buyer or consignee. On the trading floor of the NYSE, DMMs are positioned in the center and the floor brokers are located along the periphery. 0000078164 00000 n 0000119612 00000 n 0000175546 00000 n 0000101740 00000 n Sole source acquisition means a contract for the purchase of supplies or services that is entered into or proposed to be entered into by an agency after soliciting and negotiating with only one source. (3) The term "information technology" does not include any equipment that-, (i) Is acquired by a contractor incidental to a contract; or. The FMUs that the Council designated perform a variety of functions in the market, including the clearance and settlement of cash, securities, and derivatives transactions; many of them are central counterparties and are responsible for clearing a large majority of trades in their respective markets. 0000130110 00000 n 0000155974 00000 n (2) A small business concern eligible under the Women-Owned Small Business Program in accordance with 13 CFR part 127 (see subpart 19.15). However, the words "no person may" mean that no person is required, authorized, or permitted to do the act described. (3) The system is designated a "major system" by the head of the agency responsible for the system ( 10 U.S.C. 0000162175 00000 n 0000143841 00000 n 0000130400 00000 n It is visible in industrial production, employment, real income and wholesale . 0000078341 00000 n (ii) To a significant extent, its use in the performance of a service or the furnishing of a product. 0000086831 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. 0000091180 00000 n 0000175487 00000 n 0000077847 00000 n 0000123117 00000 n 0000156937 00000 n Certified cost or pricing data means "cost or pricing data" that were required to be submitted in accordance with FAR 15.403-4 and 15.403-5 and have been certified, or is required to be certified, in accordance with 15.406-2. 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. 0000087387 00000 n 5122). 0000082588 00000 n 0000148347 00000 n chapter 75, Requirements for Single Audits; an internal institutional risk assessment; or State law. 0000121133 00000 n (i) Bind the United States to take or not to take some action by contract, policy, regulation, authorization, order, or otherwise; (ii) Determine, protect, and advance United States economic, political, territorial, property, or other interests by military or diplomatic action, civil or criminal judicial proceedings, contract management, or otherwise; (iii) Significantly affect the life, liberty, or property of private persons; (iv) Commission, appoint, direct, or control officers or employees of the United States; or. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and property that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. 0000140402 00000 n 0000074055 00000 n 0000129608 00000 n 5122), ( 41U.S.C. 0000097199 00000 n ", Sustainable acquisition means acquiring goods and services in order to create and maintain conditions-, (1) Under which humans and nature can exist in productive harmony; and. (10) Other information marked as "Source Selection Information-See FAR 2.101 and 3.104" based on a case-by-case determination by the head of the agency or the contracting officer, that its disclosure would jeopardize the integrity or successful completion of the Federal agency procurement to which the information relates. For use in subpart 11.3 for paper and paper products, see the definition at 11.301. 0000172851 00000 n 0000073379 00000 n 0000097875 00000 n 0000172733 00000 n 0000119494 00000 n 0000089805 00000 n 0000146799 00000 n There are 210 DMAs covering the whole United States and are usually defined based on metropolitan areas, with suburbs often being combined within. Labor surplus area concern means a concern that together with its first-tier subcontractors will perform substantially in labor surplus areas. 0000171622 00000 n 0000066381 00000 n Task order means an order for services placed against an established contract or with Government sources. For unsolicited proposals, see subpart 15.6. 0000126433 00000 n 0000097417 00000 n 0000149376 00000 n 0000131056 00000 n (1) Previously unused raw material, including previously unused copper, aluminum, lead, zinc, iron, other metal or metal ore; or. An inherently governmental function includes activities that require either the exercise of discretion in applying Government authority, or the making of value judgments in making decisions for the Government. 0000080036 00000 n 0000067222 00000 n 0000042613 00000 n 0000176074 00000 n According to NYSE, the DMM serves three important functions: As trades are made and quotes get filled on bids and offers, the DMM works to balance their inventory accordingly. 0000152069 00000 n 0000105357 00000 n See OMB Circular A-119. 0000115055 00000 n 0000166636 00000 n 0000096711 00000 n 0000090379 00000 n (2) The management and daily business operations of which are controlled (as defined at 13 CFR 124.106) by individuals who meet the criteria in paragraphs (1)(i) and (ii) of this definition. 0000103855 00000 n Excess personal property means any personal property under the control of a Federal agency that the agency head determines is not required for its needs or for the discharge of its responsibilities. 0000123460 00000 n Unsolicited proposal means a written proposal for a new or innovative idea that is submitted to an agency on the initiative of the offeror for the purpose of obtaining a contract with the Government, and that is not in response to a request for proposals, Broad Agency Announcement, Small Business Innovation Research topic, Small Business Technology Transfer Research topic, Program Research and Development Announcement, or any other Government-initiated solicitation or program.