Government Contracting Glossary
Master the language of government contracting. Browse 498 terms covering regulations, contract types, procurement processes, and more.
Showing 13–24 of 29 terms
FEMA (Federal Emergency Management Agency)
FEMA is the US federal agency supporting citizens and first responders in emergencies. Contractors help with disaster relief and recovery.
FFP (Firm-Fixed Price)
A Firm-Fixed Price (FFP) contract specifies a set price for goods or services, shifting the risk and reward to the contractor.
FFRDC (Federally Funded Research And Development Center)
FFRDCs are unique public-private partnerships conducting research and development for the U.S. government. Learn how they impact contractors.
FIPS (Federal Information Processing Standards)
FIPS are US government standards ensuring data security and interoperability, crucial for contractors handling sensitive federal information.
FISMA (Federal Information Security Management Act)
FISMA mandates cybersecurity standards for federal agencies and contractors handling government information, ensuring data confidentiality and integrity.
FLETCIT (Federal Law Enforcement Training Centers Information Technology)
FLETCIT refers to the IT infrastructure and systems supporting the Federal Law Enforcement Training Centers, crucial for contractor support.
FMS (Foreign Military Sales)
Foreign Military Sales (FMS) is a U.S. government program enabling eligible foreign governments to purchase U.S. defense articles and services.
FOB (Destination)
FOB (Destination) defines the point where ownership and responsibility for goods transfer from seller to buyer in a contract, crucial for contractors.
FOIA (Freedom Of Information Act)
The Freedom of Information Act (FOIA) grants public access to federal agency records, impacting government contractor transparency.
FOUOFOR (Official Use Only)
FOUOFOR (Official Use Only) identifies unclassified information with access or distribution limitations to protect government interests.
FPDS (Federal Procurement Data System)
FPDS is the central repository for collecting, storing, and disseminating data on federal contracting actions, promoting transparency.
FPIFIXEDPRICE (Incentive)
An FPIFIXEDPRICE contract provides for a fixed price with the opportunity for adjustments based on performance against pre-determined targets.