| Term / Acronym | Definition |
|---|---|
| AAR | Annual Average Revenue - The average annual revenue of a business, used to determine eligibility for certain small business programs (e.g., SDB eligibility in this model for companies with <$1 million in AAR). |
| BPA | Blanket Purchase Agreement - A simplified method of procurement for anticipated repetitive needs, often used in federal acquisitions to streamline buying processes. |
| Capacity Control | Limits placed on the number of Full-Time Equivalents (FTEs) a business can bid for per contract to ensure quality and prevent overextension. |
| Competitive Bid Evaluation | The process of comparing competitive bids based on costs, project plans, and qualifications, with the aim of selecting the best value for the government. |
| FTE | Full-Time Equivalent - A unit representing the workload of a full-time employee, used to cap the number of roles that SDBs can bid for in each project. |
| Government / BPA Party | Government entity or designated BPA representative responsible for overseeing the acquisition process, reviewing bids, and ensuring compliance. |
| LCAT | Labor Category - Job classification used in federal contracting to specify types of work, responsibilities, and required qualifications. |
| LOE | Level of Effort - An estimation of the time and resources required to complete a project or task, often used alongside SOOs in contract development. |
| Modular Acquisition | An approach to procurement that segments larger projects into smaller, manageable parts to increase flexibility and allow for agile project management. |
| Operational Model | The planned structure and processes for the SAT-exclusive portal, including stakeholder engagement, pilot program execution, and compliance monitoring. |
| Pilot Program | An initial trial phase of the SAT-exclusive portal aimed at testing and refining the agile acquisition model before wider implementation. |
| PMC | Program Management Company - A company responsible for setting LCAT rates, developing SOOs and LOEs, and providing oversight to ensure project compliance and quality. |
| Program Workflow Diagram | A visual representation of the process flow from RFQ posting through staff selection and project execution, including roles of PMCs, SDBs, and oversight entities. |
| RFQ | Request for Quotation - A process where potential vendors submit price quotes for services, used in the SAT-exclusive portal for streamlined bidding. |
| SAT | Simplified Acquisition Threshold - A dollar threshold (currently set at $250,000) below which government purchases are subject to simplified acquisition procedures, intended to streamline procurement. |
| SAT-Exclusive Bidding Portal | A dedicated acquisition portal that restricts access to SAT-based opportunities for eligible SDBs and small businesses with <$1 million in AAR, promoting equity and accessibility. |
| SDB | Small Disadvantaged Business - A business that meets certain criteria for disadvantaged status, including size standards and ownership requirements, qualifying for access to exclusive procurement opportunities in this model. |
| Self-Certification | A process where businesses certify their qualifications and eligibility independently, used in the SAT-exclusive portal to streamline vendor assessment. |
| Simplified Acquisition | A streamlined approach to federal procurement intended to reduce administrative burden for lower-dollar purchases, applicable to SAT-based opportunities in this model. |
| SOO | Statement of Objectives - A document outlining the objectives and desired outcomes of a project, used in contract development to define project scope and requirements. |
| Sourcing | The process of identifying and selecting qualified vendors for government contracts, often done through competitive bidding. |
| Staff Selection | The process in which the government or BPA party reviews and selects qualified personnel for specific LCAT roles based on resumes and qualifications submitted during the bidding process. |
| Vendor Engagement | Interaction between the government/BPA and vendors to facilitate bidding, clarify requirements, and ensure compliance with procurement standards. |
| Workflow Diagram | A structured visual representation of the acquisition process, illustrating the roles and interactions between SDBs, PMCs, and government/BPA parties throughout the procurement lifecycle. |
This glossary provides definitions and context for the terms and acronyms used in the Modular Microbusiness Sourcing using Simplified Agile Acquisition white paper, ensuring clarity and consistency across procurement documentation.