Government Contracting Glossary
Master the language of government contracting. Browse 498 terms covering regulations, contract types, procurement processes, and more.
Showing 253–264 of 498 terms
JVJOINT (Venture)
A JVJOINT (Venture) is a strategic alliance between two or more businesses to pursue a specific government contract or set of contracts.
JWOD (Javits Wagner Oday)
JWOD is a program promoting employment opportunities for people who are blind or have significant disabilities through government contracts.
KCDAKING (County Directors Association)
KCDAKING is a regional purchasing cooperative, helping government contractors access local government opportunities effectively and efficiently.
KDPKEY (Decision Point)
A KDPKEY is a significant juncture in a government contract where a formal decision must be made before proceeding further.
KO (Contracting Officer)
The Contracting Officer (KO) is the only individual with the authority to enter into, administer, or terminate contracts on behalf of the government.
KPI (Key Performance Indicator)
A KPI is a measurable value that demonstrates how effectively a company is achieving key business objectives in a government contract.
KPN (Keystone Purchasing Network)
The Keystone Purchasing Network (KPN) is a national cooperative purchasing program used by public sector entities like schools and local governments.
KPPKEY (Performance Parameter)
A KPPKEY (Performance Parameter) in government contracts defines a specific, measurable factor that demonstrates successful performance and achievement of objectives.
KSA (Knowledge Skills And Abilities)
KSAs outline essential qualifications for personnel. Government solicitations often require contractors to demonstrate KSA fulfillment.
KTR (Contractor Advisory Council)
A Contractor Advisory Council (KTR) is a forum for communication between government agencies and their contractors to improve processes and outcomes.
LCCELIFECYCLE (Cost Estimate)
An LCCELIFECYCLE cost estimate predicts all costs associated with a product or service throughout its entire lifespan, crucial for government contractors.
LCCLIFECYCLE (Cost)
LCCLIFECYCLE (Cost) refers to the total cost of an asset or system over its entire lifespan, encompassing all direct and indirect expenses.