Dictionary of Procurement Terms

A law in some states that allows a manufacturer to set a minimum retail price for its products. Such a law is a violation of federal antitrust law if it affects interstate commerce.

In U.S. copyright law, the doctrine that describes the circumstances in which copyrighted material may be used for teaching, news reporting, criticism, scholarship, or research without payment or permission from the copyright owner.

A law that provides for the recovery of damages and remedies upon furnishing to the government proof of loss sustained through fraud in the award or performance of government contracts.

A project delivery strategy in which construction starts before the design is completed.

Established in 1976 under the Office of the Federal Procurement Policy Act, the FAI is charged with fostering and promoting the development of a federal acquisition workforce. FAI facilitates and promotes career development and strategic human capital management for the acquisition workforce.