Government Contracting Glossary
Master the language of government contracting. Browse 498 terms covering regulations, contract types, procurement processes, and more.
Showing 73–84 of 498 terms
COOP (Cooperative Purchasing)
Cooperative Purchasing (COOP) allows government entities to leverage the buying power of multiple organizations for better pricing and terms.
COR (Contracting Officers Representative)
The COR is the government's technical expert who monitors contractor performance and ensures compliance with contract terms, excluding any authority to make changes.
Costars Commonwealth Of Pennsylvania Cooperative Purchasing Program
Costars is Pennsylvania's cooperative purchasing program connecting suppliers with local public procurement entities for streamlined purchasing.
COTR (Contracting Officer's Technical Representative)
A COTR monitors contract performance, ensuring contractors meet technical requirements, but lacks the authority to make contractual changes.
COTS (Commercial Off The Shelf)
COTS refers to readily available, standardized commercial items that require little to no development for government use, streamlining procurement.
CP (Certified Professional)
A Certified Professional in government contracting demonstrates expertise through certification, enhancing credibility and opportunities.
CPFF (Cost-Plus-Fixed-Fee)
CPFF contracts reimburse allowable costs plus a fixed fee, offering contractors cost coverage and guaranteed profit in government projects.
CPIF (Cost-Plus Incentive Fee)
A contract type where the contractor receives a fee that varies based on their performance against pre-determined targets.
CPM (Cost Performance Management)
CPM in government contracting focuses on tracking and controlling project costs, ensuring work stays within budget and delivers expected value.
CPPB (Certified Professional Public Buyer)
A CPPB is a certification for procurement professionals in government, demonstrating expertise in public purchasing principles and practices.
CPPC (Certified Public Procurement Counselor)
A CPPC provides expert guidance to businesses navigating the complexities of government contracting, from registration to compliance.
CPPC (Cost-Plus Percentage of Cost)
CPPC (Cost-Plus Percentage of Cost) is a type of cost-reimbursement contract where the contractor's profit is a fixed percentage of the allowable costs.