Term
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Definition
Purpose, Time, Amount
Appropriated Funds be used one for the (purpose) goods and services for which a need arises during (time) the period of that appropriation's availability for obligation. |
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Term
Limitation of Government Obligating
(LOGO) |
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Definition
In solicitations and resultant incrementally funded fix-price contracts. |
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Term
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Definition
Used when if an incrementally funded cost-reimbursement contract is contemplated. |
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Term
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Definition
Used when fully funded cost-reimbursement contract is contemplated. |
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Term
When is it appropriate to fund performance crossing fiscal years? |
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Definition
Serverable service: period of the contract awarded, option exercised or order placed does not exceed (1) year.
Also non-severable service may cross fiscal year. |
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Term
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Definition
Funds obligated to cover the amount alloted and any corresponding increment of fee. |
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Term
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Definition
Funds are obligated to cover the price (to target price) of a fixed price contract or the estimated cost and any fee cost-reimbursement contract. |
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Term
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Definition
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Right to use within Government
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Obtained when data is developed with privated funds
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Cannot give data to another contractor
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Term
Government Purpose Rights |
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Definition
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Right to use within Government or provide data to another to be used to satisfy Governemnt need
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Obtained when data was developed using mixed government and private funds.
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Right last for five years or per-determined
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Term
Appropriation Lifecycle
3600 R&D |
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Definition
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Obligate 2 years
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Expense 5 years
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Canceled 4 Years
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Term
Appropriation Lifecycle
3400 O&M |
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Definition
Obligate 1 year
Expense 5 Years
Cancel 5 years |
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Term
Appropriation Lifecycle
3010 Procurement |
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Definition
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Obligate 3 Years
- Expense 5 Years
- Cancel 3 years
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Term
Appropriation Lifecycle
3050 MILCON |
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Definition
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Obligate 5 years
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Expense 5 Years
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Cancel 1 Year
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Term
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Definition
Contractor is excluded from Gov't Contracting and Gov't approved subcontracting for reasonable, specified period. |
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Term
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Definition
Contractor is disqualifed temporary from Gov't contracting and Gov't Subcontracting. |
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