Glossary

An FPRR is a unilateral government recommendation on indirect cost rates issued when no FPRA exists. Learn how FPRRs work, when they are issued, and how they differ from an FPRA

An FPRA is a pre-negotiated agreement on indirect cost rates used to price federal contracts. Learn how FPRAs work, who needs one, the negotiation process, and how it differs from an FPRR

The Small Business Subcontracting Program requires large federal contractors to give small businesses subcontracting opportunities. Learn plan requirements, size standards, and how to qualify.

A contractor teaming arrangement lets two or more companies join forces to bid on government contracts. Learn how teaming works, types, real examples, and SLED applications.

OTA is a flexible federal agreement outside FAR rules, used to speed up R&D and prototype acquisition. Learn how the OTA process works and who qualifies.

GWACs are pre-competed federal IT contracts any agency can use. Learn how they work, major vehicles like Alliant 3 and SEWP, and how vendors can win a spot.

Learn what a Cost-Plus-Award-Fee (CPAF) contract is in government contracting. Explore how award fees work, the Fee Determining Official's role, the NASA JPL example, vendor pros and cons, and SLED applications.

Learn what a Firm-Fixed-Price (FFP) contract is in government contracting. Explore how FFP works, real DoD examples, vendor pros and cons, FFP variants, and how FFP applies across federal and SLED markets.

What is an FPI contract? A plain-language guide to Fixed-Price Incentive contracts, including how share ratios work, how to calculate the Point of Total Assumption, FPIF vs. FPIT, and what vendors need to know.

What is a CPFF contract? A plain-language guide to Cost-Plus-Fixed-Fee contracts, including how fees are set, FAR 16.306 requirements, how CPFF differs from CPIF and CPPC, and what vendors need to know.

What is a CPPC contract? A plain-language guide to Cost-Plus-a-Percentage-of-Cost contracts, including why they are illegal in federal procurement, how violations hide in subcontracts, and what SLED vendors need to know.

What is a CPIF contract? A plain-language guide to Cost-Plus-Incentive-Fee contracts, including target cost, share ratio, fee limits, and how CPIF compares to other cost-type contracts.

Explore Office of General Services (OGS) contracts by state. Learn how New York, California, Texas, Florida, Pennsylvania, and New Jersey manage centralized procurement and how SLED vendors can get on statewide contracts.

What are New York OGS contracts? A plain-language guide to NY Office of General Services procurement, including contract types, who can buy, MWBE opportunities, and tips for SLED vendors.

What is a BPA in government contracting? A simple guide to Blanket Purchase Agreements, including call orders, GSA Schedule BPAs, real contract examples, and SLED cooperative purchasing equivalents.

What is an executory contract? A plain-language guide covering active government contracts, obligations, breach risks, bankruptcy treatment, and how the concept applies in the SLED market.

Learn what a Time and Materials contract is in government contracting. Understand how T&M works, labor categories, NTE ceilings, vendor pros and cons, and its use in the SLED market.

What is a cost reimbursement contract? A plain-language guide covering how the government reimburses contractor costs, types, audit requirements, and what SLED vendors need to know.

Learn what an IDIQ contract is in simple terms. Understand how Indefinite Delivery Indefinite Quantity contracts work, real-life examples, types, and why they matter in government contracting.

Learn what a fixed price contract is in government contracting. Explore types like FFP and FPIF, real-life examples, vendor pros and cons, and when agencies use fixed price contracts.