Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
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

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