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Inflation is a loss of purchasing power over time, meaning your dollar will not go as far tomorrow as it did today. The smooth and reliable functioning of this financial infrastructure at all times is vitally important to the stability of the financial system and the health of the broader economy. 0000132939 00000 n
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Performance-based acquisition (PBA) means an acquisition structured around the results to be achieved as opposed to the manner by which the work is to be performed. 0000148347 00000 n
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4901 note prec.)) 0000069616 00000 n
161. 0000135173 00000 n
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The term includes-, (1) Government-owned contractor-operated (GOCO) facilities; and, (2) Joint ventures and subsidiaries (domestic and foreign) in which the organization has-, (i) A majority ownership; or. General and administrative (G&A) expense means any management, financial, and other expense which is incurred by or allocated to a business unit and which is for the general management and administration of the business unit as a whole. 0000038646 00000 n
Termination inventory means any property purchased, supplied, manufactured, furnished, or otherwise acquired for the performance of a contract subsequently terminated and properly allocable to the terminated portion of the contract. 0000142626 00000 n
Small business subcontractor means a concern that does not exceed the size standard for the North American Industry Classification Systems code that the prime contractor determines best describes the product or service being acquired by the subcontract. 0000107340 00000 n
The Dodd-Frank Act also authorizes the Council to designate a Financial Market Utility (FMU) as systemically important if the Council determines that the failure of or a disruption to the functioning of the FMU could create or increase the risk of significant liquidity or credit problems spreading among financial institutions or markets and thereby threaten the stability of the U.S. financial system. 0000178213 00000 n
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(ii) Reduces the hazards to public health and the environment associated with the release of such substances, pollutants, and contaminants; (2) Reduces or eliminates the creation of pollutants through increased efficiency in the use of raw materials, energy, water, or other resources; or. 0000125746 00000 n
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(See OMB Circular A-11, part 7.). Plant clearance officer means an authorized representative of the contracting officer, appointed in accordance with agency procedures, responsible for screening, redistributing, and disposing of contractor inventory from a contractors plant or work site. 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. Contracting includes description (but not determination) of supplies and services required, selection and solicitation of sources, preparation and award of contracts, and all phases of contract administration. 0000167654 00000 n
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(viii) Palmyra Atoll. 0000171150 00000 n
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Responsible audit agency means the agency that is responsible for performing all required contract audit services at a business unit. 0000075814 00000 n
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. (2) By which, among other things, the transferor guarantees performance of the contract, the transferee assumes all obligations under the contract, and the Government recognizes the transfer of the contract and related assets. chapter67, Service Contract Labor Standards; (3) The Equal Employment Opportunity Acts and Executive orders; (4) 41U.S.C. 0000144883 00000 n
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Special competency means a special or unique capability, including qualitative aspects, developed incidental to the primary functions of the Federally Funded Research and Development Centers to meet some special need. Component means any item supplied to the Government as part of an end item or of another component, except that for use in. (2) "Separate contract" as used in this definition, means a contract that has been performed by any business, including small and other than small business concerns. 0000081336 00000 n
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Assisted acquisition means a type of interagency acquisition where a servicing agency performs acquisition activities on a requesting agency's behalf, such as awarding and administering a contract, task order, or delivery order. 0000126565 00000 n
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L. 104-106. 0000132725 00000 n
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F.o.b. (For other types of F.o.b., see 47.303). 0000119022 00000 n
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(1) Federally-owned buildings or leased space, whether for single or multi-tenant occupancy, and its grounds and approaches, all or any portion of which is under the jurisdiction, custody or control of a department or agency; (2) Federally-controlled commercial space shared with non-government tenants. (1) Means a concern, including its affiliates, that is independently owned and operated, not dominant in its field of operation, and qualified as a small business under the criteria and size standards in 13 CFR part 121 (see 19.102). 0000127198 00000 n
5122), ( 41U.S.C. 0000162233 00000 n
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Registered in the System for Award Management (SAM) means that. 0000122775 00000 n
Office of Small and Disadvantaged Business Utilization means the Office of Small Business Programs when referring to the Department of Defense. 0000142974 00000 n
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(1) Technologies that use renewable energy to provide light, heat, cooling, or mechanical or electrical energy for use in facilities or other activities; or. 0000090959 00000 n
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Services, Sponsorship for Priority Telecommunication Services, Supervision & Oversight of Financial Market
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The term includes Automated Clearing House transfers, Fedwire transfers, and transfers made at automatic teller machines and point-of-sale terminals. 0000078652 00000 n
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This compensation may impact how and where listings appear. 0000158896 00000 n
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(b) Other parts, subparts, and sections of this regulation (48 CFR chapter 1) may define other words or terms and those definitions only apply to the part, subpart, or section where the word or term is defined. 0000083883 00000 n
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It is typically expressed as the annual change in prices for everyday goods and. 0000112986 00000 n
Will Kenton is an expert on the economy and investing laws and regulations. 0000092616 00000 n
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Commercial component means any component that is a commercial product. 0000109807 00000 n
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The types of sureties referred to are as follows: (1) An individual surety is one person, as distinguished from a business entity, who is liable for the entire penal amount of the bond. 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. 0000069998 00000 n
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Timothy has helped provide CEOs and CFOs with deep-dive analytics, providing beautiful stories behind the numbers, graphs, and financial models. 0000064447 00000 n
It buys securities, replacing them with credit, and giving banks more fed funds to lend. 0000163046 00000 n
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It includes developing the overall strategy for managing the acquisition. Depreciation means a charge to current operations that distributes the cost of a tangible capital asset, less estimated residual value, over the estimated useful life of the asset in a systematic and logical manner. 0000171972 00000 n
Remarks by Under Secretary for Domestic Finance Nellie Liang During Workshop on Next Steps to the Future of Money and Payments, Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyhal, RT @TreasuryDepSec: At our roundtable with @BlkEconAlliance today, @SBAIsabel @RepNikema and I heard from business leaders about ways the f, RT @TreasuryDepSec: I'm in Atlanta this week with @SBAIsabel and @DepSecTodman to highlight some of the historic investments @USTreasury @S, Form 941, employer's quarterly federal tax return. 0000164712 00000 n
This includes electronic symbols. 0000128020 00000 n
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(2) Acquisitions of supplies or services that, as determined by the head of the agency, are to be used to support a humanitarian or peacekeeping operation ( 10 U.S.C. 0000131056 00000 n
0000116194 00000 n
Water consumption intensity means water consumption per square foot of building space. Budget, Financial Reporting, Planning and Performance, Financial Markets, Financial Institutions, and Fiscal Service, Treasury Coupon-Issue and Corporate Bond Yield Curve, Treasury International Capital (TIC) System, Kline-Miller Multiemployer Pension Reform Act of 2014, Taxpayers Will See Improved Service This Filing Season Thanks to Inflation Reduction Act, Disparities in the Benefits of Tax Expenditures by Race and Ethnicity, Racial Differences in Economic Security: Non-Housing Assets, Treasury Sanctions People Involved in Serious Human Rights Abuse Against Vladimir Kara-Murza, Treasury Announces Approval of Up to $890.7 Million to Support Small Business Success Across Three States, Treasury Sanctions CJNG-Run Timeshare Fraud Network. 0000156878 00000 n
Receiving report means written evidence that indicates Government acceptance of supplies delivered or services performed (see subpart 46.6). A designated market maker is one that has been selected by the exchange as the primary market maker for a given security. (ii) A higher threshold, as determined appropriate by the head of the agency and consistent with clean audit findings under 31 U.S.C. Hydrofluorocarbons means compounds that contain only hydrogen, fluorine, and carbon. Indirect cost rate means the percentage or dollar factor that expresses the ratio of indirect expense incurred in a given period to direct labor cost, manufacturing cost, or another appropriate base for the same period (see also "final indirect cost rate"). 0000087601 00000 n
Financial market utilities (FMUs) are multilateral systems that provide the essential infrastructure for transferring, clearing, and settling payments, securities, and other financial transactions among financial institutions or between financial institutions and within those systems. 0000086770 00000 n
0000061096 00000 n
They're usually separated by metropolitan area, with rural areas often being combined. 0000097991 00000 n
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Labor surplus area means a geographical area identified by the Department of Labor in accordance with 20 CFR part 654, subpart A, as an area of concentrated unemployment or underemployment or an area of labor surplus. For use in subpart 11.3 for paper and paper products, see the definition at 11.301. 0000090321 00000 n
Companies such as investment banks and trading firms can act as designated market makers. 0000150469 00000 n
A specialist firm formerly employed specialists to represent specific stocks on the New York Stock Exchange. 0000111473 00000 n
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%%EOF
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Receiving reports must meet the requirements of 32.905(c). 0000107406 00000 n
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Preponderance of the evidence means proof by information that, compared with that opposing it, leads to the conclusion that the fact at issue is more probably true than not. 0000170114 00000 n
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Proper invoice means an invoice that meets the minimum standards specified in 32.905(b). (3) Availability, which means ensuring timely and reliable access to, and use of, information. 0000046919 00000 n
Bid sample means a product sample required to be submitted by an offeror to show characteristics of the offered products that cannot adequately be described by specifications, purchase descriptions, or the solicitation (e.g., balance, facility of use, or pattern). 0000168922 00000 n
Claim means a written demand or written assertion by one of the contracting parties seeking, as a matter of right, the payment of money in a sum certain, the adjustment or interpretation of contract terms, or other relief arising under or relating to the contract. 0000094136 00000 n
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3502(8) used or operated by a Federal agency, or a contractor or other organization on behalf of the agency ( 44U.S.C. 0000089893 00000 n
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(10) PSC 9630, Additive Metal Materials. 0000064173 00000 n
Financial market utilities (FMUs) are multilateral systems that provide the essential infrastructure for transferring, clearing, and settling payments, securities, and other financial transactions among financial institutions or between financial institutions and within those systems. 0000132170 00000 n
Supplies means all property except land or interest in land. 0000079210 00000 n
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(2) Unless otherwise agreed, the point where title for goods passes to the buyer or consignee. Self-insurance means the assumption or retention of the risk of loss by the contractor, whether voluntarily or involuntarily. 0000095295 00000 n
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(2) As used in this definition, the term "product" does not include any energy-consuming product or system designed or procured for combat or combat-related missions ( 42U.S.C. Market makers are sometimes making markets forseveral hundred of listed stocks at a time. Solicitation means any request to submit offers or quotations to the Government. 0000114243 00000 n
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Contracting means purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources. system. 0000168804 00000 n
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We're in our early fifties so don't want wild parties/madn 0000134677 00000 n
Market regulation is often controlled by the. 0000130750 00000 n
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Technical data means recorded information (regardless of the form or method of the recording) of a scientific or technical nature (including computer databases and computer software documentation). 0000166103 00000 n
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An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022, (a) This part-. 0000172674 00000 n
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(1) Means an arrangement where, (i) Two or more small business concerns have formed a joint venture; or, (ii) A small business offeror agrees with one or more other small business concerns to have them act as its subcontractors under a specified Government contract.