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Authorization to Release
Permission per the
contract to release requested goods to an
entity.
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Authorized Deviation
A change or deviation
specifically allowed by the contracting entity.
See also: Amendment, Change Order,
Contract Modification.
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Automated Data Processing (ADP)
1. Input, storage, and manipulation of
information using computer systems.
2. The discipline that deals with related methods
and techniques. Also called Electronic Data
Processing.
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Average
A number calculated by dividing the
sum of a group of numbers by how many
numbers are in the group; also known as
the mean.
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Average Fixed Cost (AFC)
A number calculated by
dividing the total fixed cost by the amount of
output over a fixed period.
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Average Total Cost (ATC)
Calculated by dividing
the total fixed and variable costs by the total
units produced over a period of time.
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Award
1. The final acceptance by an entity of a bid or
proposal from an offeror.
2. The presentation of a purchase agreement or
contract to a supplier.
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Award by Group
A contract award that can be
made to multiple suppliers for all items within
a specific group. Also known as Class Award.
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Award Item by Item
A contract award that may
be made to multiple suppliers. Also referred to
as Line-Item Award.
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Award Protest
A written objection by an
unsuccessful offeror to the entity regarding an
award decision. See also: Protest, Bid Protest.
