Quantcast Appendix B Definitions -Cont. - mo3270152

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Expanded Performance Requirements Summary - The expanded performance
requirements summary (EPRS) builds on the performance requirements summary
(PRS) and becomes the Master Plan for procurement. Pricing and surveillance
requirements are added to the data already compiled in the performance
requirements summary.
Facility Support Contract - A facility support contract (FSC) is a general
category of NAVFAC contracts used to accomplish the repair, maintenance,
and/or restoration of real property, vehicles and equipment to preserve
facilities in a usable or operable condition. FSC includes both facility
support service contracts and facility support construction contracts.
Facility Support Contract Manager - The facility support contract manager
(FSCM) is the individual designated by the head of the contracting office
(HCO), to provide management of a facilities support contract.
Federal Acquisition Regulation - The Federal Acquisition Regulation (FAR) is
the primary regulation for use by all Federal Executiveagencies in their
acquisition of supplies and services with appropriated funds.  The FAR System
has been developed in accordance with the requirements of the Office of
Federal Procurement Policy Act of 1974, as amended by Pub. L. 96-83. The FAR
is issued within applicable laws under the joint authorities of the
Administratorof General services, The Secretary of Defense, and the
Administrator for the National Aeronautics and Space Administration, under
the broad policy guidelines of the Administrator for Federal Procurement
Policy.
Firm Fixed Price - A firm fixed price is established for total requirements
and is not subject to adjustment based on requirements. The total
contract price is fixed.
Firm Fixed Price/Indefinite Quantity Contract- A firm fixed price/indefinite
quantity contract (FFP/IQ) is a type of indefinite quantity contract which is
composed of both firm fixed priced requirements and indefinite quantity
requirements.
Fixed Unit Price - A fixed unit price is established for a commodity, but the
amount (quantity) of the commodity that will be required is left open. The
total contract price is not known but is dependent upon the quantity of that
commodity ordered.
Guide Performance Work Statement - A guide performance work statement is a
general performance work statement that addresses typical functional
requirement.
Incidental Inspection - Incidental inspection is a unstructured surveillance
method used to supplement other methods of surveillance.
Indefinite Quantity Contract - An indefinite quantity contract is a contract
which provides for an indefinite quantity of specific supplies or services
(including construction) to be furnished during a fixed period. Deliveries
are to be scheduled by placing orders with the contractor.
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