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ACQuipedia Articles

ACQuipedia is DAU's Encyclopedia of Acquisition terms. 

Please see the list below for all ACE for Services related articles. 

View the complete library of articles.

 

This list is a sample of what's available for services acquisitions on ACQuipedia.

  
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Acquisition Plan 
  
A formal written document reflecting the specific actions necessary to execute the approach established in the approved acquisition strategy and ...
Current average rating is 5 stars.
Acquisition Strategy--Services Acquisition   
  
The acquisition strategy describes the Program Manager’s/Functional Services Manager’s (PM/FSM’s) execution plan to achieve the goals set within the service acquisition life cycle.
Current average rating is 5 stars.
Agile Acquisition & Project Management  
  
End user(s) team with developers in order to make instant decisions on user functionality. High level requirements are initially prioritized and developed quickly by small teams in order to get a working product quickly to the customer.
Current average rating is 5 stars.
Best Value Continuum 
  
The Best Value continuum describes how the importance of the cost or price evaluation factor may vary in relation to factors other than cost or price in a competitive environment (FAR 15.101).
Current average rating is 5 stars.
Category Management   
  
The DoD's implementation of Category Management (CM) consists of a structured, data-driven business practice whereby the organization broadly and strategically analyzes and manages common categories of spend with an enterprise-wide focus in order to eliminate redundancies, increase efficiencies and enhance mission effectiveness.
Current average rating is 5 stars.
Clinger-Cohen Act Compliance 
  
Requirement for all programs that acquire information technology (IT), including National Security Systems (NSS), at any Acquisition Category (ACAT) level, that the Milestone Decision Authority (MDA) not initiate a program or an increment of a program, or approve entry into any phase of the acquisition process that requires formal acquisition milestone approval, and that the DoD component not award a contract for the applicable acquisition phase until the sponsoring DoD component or Program Manager has satisfied the CCA requirements. The Milestone Decision Authority and Component Chief Information Officer (CIO), or designee, approve CCA compliance.
Current average rating is 5 stars.
Competition 
  
An acquisition strategy whereby more than one contractor is sought to bid on a service or function, the winner is selected on the basis of criteria established by the activity for which the work is to be performed. The law and DoD policy require maximum competition, to the extent possible, throughout the acquisition life cycle.
Current average rating is 5 stars.
Contract Efficiency Assessments (CEAs)  
  
The CEA process uses defined playbooks for a given services portfolio group with targeted recommendations for the requiring activity, contracting office and other multifunctional team (MFT) members to generate reductions in contract costs while maintaining appropriate levels of service.
Current average rating is 5 stars.
Contractor Performance Assessment Report (CPAR) and the Contractor Performance Assessment Reporting System (CPARS)   
  
The CPAR provides source selection officials with information on contractor past performance. Officials prepare CPARs in the Contractor Performance Assessment Reporting System (CPARS) at least annually. CPARS hosts a suite of web-enabled applications that are used to document contractor and grantee performance information that is required by the Federal Acquisition Regulation (FAR).
Current average rating is 5 stars.
Cost Estimation Methods   
  
There are four principal cost estimating methodologies: 1) Comparison/analogy, 2) Parametric, 3) Detailed engineering/bottom up, and 4) Extrapolation from actual costs. Other methodologies include Expert Opinion (from Subject Matter Experts) and catalogue pricing.
Current average rating is 5 stars.
Data Right 
  
Data Rights is a shorthand way to refer to the Government's license rights in two major categories of valuable intellectual property: Technical Data and Computer Software.
Current average rating is 5 stars.
Framing Assumption  
  
Any supposition that is central in shaping cost, schedule, or performance expectations of an acquisition program.
Current average rating is 5 stars.
Functional Services Manager (FSM) 
  
The lead for developing, coordinating, and resourcing the requirement and overseeing it throughout the acquisition process.  Source: DoDI 5000.74
Current average rating is 5 stars.
Inherently Governmental Functions   
  
An inherently governmental function is one that is so closely related to the public interest as to mandate performance by Federal Government employees.
Current average rating is 5 stars.
Lowest Price Technically Acceptable (LPTA)   
  
A source selection process that is appropriate when best value is expected from selecting the technically acceptable proposal with the lowest price. The following factors apply when using LPTA: (1) Evaluation factors and significant subfactors that establish the requirements of acceptability shall be set forth in the solicitation, and (2) Tradeoffs are not permitted.
Current average rating is 5 stars.
Market Research   
  
A process for gathering data on product characteristics, suppliers' capabilities, and the business practices that surround them. Includes the analysis of that data to inform acquisition decisions. There are two types of market research, strategic market research and tactical market research.
Current average rating is 5 stars.
Peer Reviews 
  
(Including Pre-Award Peer Reviews and Independent Management Reviews that were formerly called Post-award Peer Reviews)
Current average rating is 5 stars.
Performance Based Logistics (PBL) Overview   
  
Synonymous with performance based product support, where outcomes are acquired through performance based arrangements that deliver Warfighter requirements and incentivize product support providers to reduce costs through innovation. These arrangements are contracts with industry or inter-governmental agreements. Sources of support may be organic, commercial, or a combination, with a primary focus of optimizing customer support, increasing weapon system availability, and reducing ownership costs.
Current average rating is 5 stars.
Product Service Code (PSC) 
  
Product and service code (PSC) is a four-digit code used by all federal government contracting activities for identifying and classifying the services and Supplies & Equipment (S&E) that are purchased under contract.
Current average rating is 5 stars.
Product Support Business Case Analysis (BCA) 
  
A structured methodology and document that aids decision making by identifying and comparing alternatives by examining the mission and business impacts (both financial and non-financial), risks, and sensitivities. Other names for a BCA are Economic Analysis, Cost-Benefit Analysis, and Benefit-Cost Analysis. Broadly speaking, a BCA is any documented, objective, value analysis exploring costs, benefits, and risks.
Current average rating is 5 stars.
Quality Assurance Surveillance Plan (QASP)   
  
The document government personnel use to assess contractor performance. The QASP identifies what is going to be inspected, the inspection process, and who will do the inspecting.
Current average rating is 5 stars.
Services Acquisition   
  
An acquisition that calls directly for a contractor’s time and effort rather than for a concrete end product.
Current average rating is 5 stars.
Services Acquisition Workshop (SAW)   
  
A facilitated workshop built around a specific acquisition and its multi-functional team (MFT). The SAW facilitation team mentors and guides the MFT in developing their acquisition planning, market research, performance requirements, request for proposals, source selection process, and contractor performance assessment planning and execution documents.
Current average rating is 5 stars.
Services Requirements Review Board (SRRB) 
  
SRRB process will be used to review, validate, prioritize, and approve services requirements to accurately inform the budget and acquisition processes.
Current average rating is 5 stars.
Should Cost (also Cost Target)   
  
A Program Manager's cost goal for an acquisition program, or particular activity or product within an acquisition program, developed by analyzing all elements of the program's Independent Cost Estimate (Will-Cost Estimate) and planning reasonable measures to reduce them. A program's Should-Cost Target represents what the PM believes the program ought to cost if identified cost saving initiatives are achieved.  DoDI 5000.74, Defense Acquisition of Services, uses cost targets as equivalent to the should-cost target.
Current average rating is 5 stars.
Small Business Set Asides 
  
A program that includes the Mentor-Protégé Program, Women-Owned Small Business (WOSB), Indian Incentive Programs, Small Business Innovation Research and Small Business Technology Transfer (SBIR/SBTT) Programs, Service-Disabled Veteran-Owned Small Business Program, Historically Black Colleges and Universities/Minority Institutions Technical Assistance Program (HBCU/MI), Comprehensive Subcontracting Plan (CSP) Test Program, and Historically Underutilized Business Zones (HUBZone) Program.
Current average rating is 5 stars.
Spend Under Management (SUM) 
  
Spend under management (SUM) is the percentage of an organization’s spend that is actively managed according to category management principles—or smart decision-making where agencies buy the same kinds of goods and services through best value solutions.
Current average rating is 5 stars.
Statement of Work - Performance Work Statement - Statement of Objectives   
  
A statement of work (SOW) is portion of a contract which establishes and defines all non-specification requirements for contractor's efforts either directly or with the use of specific cited documents. A performance work statement (PWS) is a statement of work for performance-based acquisitions that describes the required results in clear, specific and objective terms with measurable outcomes. A statement of objectives (SOO) is a Government-prepared document incorporated into the solicitation that states the overall performance objectives. It is used in solicitations when the Government intends to provide the maximum flexibility to each offeror to propose an innovative approach.
Current average rating is 5 stars.
Subcontracting 
  
A contract or contractual action entered into by a prime contractor or subcontractor for the purpose of obtaining supplies, materials, equipment, or services under a prime contract.
Current average rating is 5 stars.
Value Adjusted Total Evaluated Price (VATEP) 
  
A tradeoff source selection process where the offeror's total proposed price may be adjusted based on the “value” placed on better performance as identified in the solicitation. The Source Selection Authority must determine if a higher rated technical offer is “worth” the additional cost. The technique monetizes different levels of performance corresponding to the traditional requirements process of defining both threshold and objective performance/capabilities. The Request for Proposal identifies the percentage price increase (or dollar amount) the Government is willing to pay for measureable levels of performance between threshold and objective criteria. This amount is based on the value to the Government for above-minimum performance or capabilities. A benefit is that offerors may propose innovative solutions that provide higher performance/capability if it is clear what value is placed on exceeding threshold performance/capability and how that influences evaluated cost/price.
Current average rating is 5 stars.
Value Engineering (VE) and Value Engineering Change Proposals (VECP) 
  
A Value Engineering Change Proposal (VECP) is a proposal submitted by a contractor under the Value Engineering (VE) provisions of the Federal Acquisition Regulation that, through a change in the contract, would lower the project's life-cycle cost to DoD. This contract change requirement can be the addition of the VECP to the contract, with attendant savings. VECPs are applicable to all contract types, including performance based contracts.
Current average rating is 5 stars.