Glossary

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B2B -  Business to Business
B2G -  Business to Government
BAA -  Broad Agency Announcement
BAFO -  Best and Final Offer - For negotiated procurements, a contractor's final offer following the conclusion of discussions.
BBS -  Bulletin Board System
BCSLIB -  Boeing Mathematical and Statistical Library
Best Value -  The expected outcome of an acquisition that, in the Government's estimation, provides the greatest overall benefit in response to a requirement. A term applied to comparing proposals and ranking them from best to worst, not only on price but on all factors state in solicitation.
BI -  Background Investigations or Business Intelligence
BIC -  Business Information Center - One-stop locations for information, education, and training designed to help entrepreneurs start, operate, and grow their businesses. The centers provide free on-site counseling, training courses, and workshops and have resources for addressing a broad variety of business start up and development issues.
Bilateral Modification -  A contract modification that is signed by the contractor and the CO. Used to make negotiated adjustments resulting from the issuance of a change order; definitive letter contracts; or reflect other agreements of the parties modifying the terms of contracts.
BIN -  Business Identification Number
BLS -  Bureau of Labor Statistics
BOA -  Basic Ordering Agreement
BOD -  Beneficial Occupancy Date or Bid Opening Date
BPN -  Business Profile Network
BSPR -  Baseline Security Practices and Requirements
BTA -  Business Transformation Agency