In the world of government procurement, if you don’t know
the language, you’re out of the loop! Almost everything has an acronym and an
abbreviation which are very important to doing business with the government.
Here you’ll find a small selection of important acronyms and abbreviations.
GSA- General
Services Administration; the GSA oversees and assists with all GSA schedule
procurement as well as issuing the schedule contracts.
VSC- Vendor
Support Center; the VSC can help contractors with just about any contract
related problems. Anything from difficult SIP uploads to questions about
modifications.
RFQ- Request for
Quotation; this the paperwork put out by the buyer that provides information to
the contractor on what the requirements of a bid are.
SIN- Special Item
Number; each schedule has a list of SINs that are listed under it. They are
nothing more than subcategories of a main large category.
IFF- Industrial
Funding Fee; for everything a contractor sells on the GSA schedule, the IFF of
.75% is added to the price to cover the cost of GSA doing their job.
FAR- Federal
Acquisition Regulation; the law of land for government procurement.
SAM- System for
Award Management; to do any work with the government, whether on GSA or not,
contractors must be registered in this online system.
FAS- Federal
Acquisition Service; as part of the GSA, the FAS has 8 program areas that
assist in all parts of acquisition processes, across all types of products and
services.
TAA- Trade
Agreement Act; all products sold on the GSA must come from a TAA compliant
country. This means they signed the Trade Agreement Act.
NAICS- North
America Industry Classification System; NAICS codes help you categorize your
products and services into an industry standard, making it easier for the
government to find our products and services.
Some Popular
Acronym Schedules
LOGWORLD- Logistics
Worldwide Schedule 874 V; provides logistics support
MOBIS- Missions Oriented Business Integrated Solutions Schedule
874; provides consulting and training services on all subjects except IT.
PES- Professional Engineering Services Schedule 871; Engineering
consulting & prototype assistance. Does not allow for architectural
services
TAPS- Temporary Administrative and Professional Staffing Services
Schedule 736; admin and basic staffing.
TDRS- Transportation, Delivery, and Relocation Solutions Schedule
48; Air, ground, sea transportation, moving and packing services.
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