Something of economic value given to a
public official or a public official’s relative
without the exchange of consideration that is of
Oversees business expansion and
operation on a worldwide level. The internet
and other technology developments have
facilitated this phenomenon. In public
procurement, purchasers exchange goods
and services worldwide.
An evaluation technique that may be
used to score proposals. It can be applied to
major areas and elements of management,
operational suitability, and other criteria when
identified for evaluation; generally applied to
technical and management areas.
1. An observable end result that can be specific
and measurable and can helps further define
an organization by giving it direction.
2. A contract term often used in seeking
MBE/WBE (Minority- and Women-Owned
Business Enterprises) participation; a level of
expectation that a supplier will make a good
faith effort to achieve the predetermined
percentage of this participation upon award.
See also: Set-Aside, Contract Goal.
Anything that can be purchased that is not
a service or real property.
A quantifiable asset, such as the
reputation or other added value of a business,
for which a buyer may pay an additional price.
Government Bill of Lading (GBL)
A bill of lading
used by the U.S. government for shipping
government-owned property or for receiving
goods delivered to the government.
Government Performance and Results Act (GPRA) (Public Law 103-62)
A federal law enacted in 1993 designed to improve program management in the government by requiring U.S. federal agencies to prepare multiyear strategic plans and to submit performance plans and performance reports annually to Congress.
All property owned by or
leased to a government entity or acquired by
the government under the terms of a contract,
including property made available for the use
of the contractor during the term of the