NIB Connection

Total Facilities Management; A comprehensive approach to managing all aspects of a facility’s operations and maintenance under a single contract or management structure.

Governmentwide Acquisition Contract; A type of task-order contract established by one federal agency for use by others to procure IT products and services.

Complex Project Plan; a structured document detailing how an NPA will manage and deliver a multi-service or high-visibility AbilityOne contract, covering scope, staffing, phase-in, compliance, and performance requirements.

Firm Fixed Price; a federal contract type that sets a fixed price not subject to adjustment based on contractor costs or performance.

Indefinite Delivery, Indefinite Quantity; a type of federal contract allowing for an unspecified quantity of supplies or services to be delivered over a fixed period, with orders placed as needs arise.

Selection of the Successful Bidder; a step in the Procurement List (PL) Addition process. After the RFI and RFP stage, NIB evaluates responses from NPAs and selects the NPA that will perform the contract.

A NAICS code, or North American Industry Classification System code, is a six-digit number used to classify businesses by industry. Federal agencies use these codes to collect and analyze economic data. Businesses rely on NAICS codes for market research, government contracts, and tax incentives.

Vendor Price Reduction

Requires contractors for supplies in excess of $10,000 to be a manufacturer or regular dealer; specifies such matters as minimum wages, maximum hours, child labor, convict labor, and safe and sanitary working conditions.

Oversum or undersum of items permitted in certain procurement; based upon normal commercial practices. The permitted percentage should be no larger than necessary to provide a contractor reasonable protection.