Government Contracting Glossary
Master the language of government contracting. Browse 509 terms covering regulations, contract types, procurement processes, and more.
Showing 229–240 of 509 terms
IDED (Internet Data Exchange Environment)
IDED is the secure online portal for contractors to submit contract deliverables and communicate with the government, ensuring data integrity.
IDIQ (Indefinite Delivery Indefinite Quantity)
An IDIQ contract provides for an indefinite quantity of services or supplies during a fixed period, awarded through fair opportunity.
IFB (Invitation For Bid)
An Invitation For Bid (IFB) is a formal solicitation method used in government contracting to obtain bids, typically for standardized products or services.
IG (Inspector General)
An Inspector General investigates fraud, waste, and abuse within government agencies, including contractor activities, ensuring compliance and accountability.
IGCE (Independent Government Cost Estimate)
An Independent Government Cost Estimate (IGCE) is a projection of costs the government expects to pay for goods or services under a contract.
ILC (Irrevocable Letter Of Credit)
An Irrevocable Letter of Credit (ILC) is a financial instrument often required by government contracts to ensure contractor performance or payment.
IMP (Integrated Master Plan)
The Integrated Master Plan (IMP) is a comprehensive planning document outlining the tasks required to complete a project or program.
IMS (Integrated Master Schedule)
An Integrated Master Schedule (IMS) is a comprehensive, time-based plan showing the tasks needed to complete a government contract.
Industry Day
An Industry Day is a government-hosted event to inform potential contractors about upcoming procurements and foster communication.
Infosec Information Security
Infosec (Information Security) encompasses processes and policies to protect sensitive data within IT systems and networks. Vital for government contractors.
IOC (Initial Operational Capability)
Initial Operational Capability (IOC) signifies a system or capability's first attainment of operational readiness, crucial in government contracting.
IPT (Integrated Product Team)
An Integrated Product Team (IPT) is a multidisciplinary team focused on achieving specific project objectives through collaborative decision-making.