Tag: Terms starting with C

The period of time for which the contractor will provide the Work under the contract. Sometimes defined as a base period plus one or more option periods. Not to be confused with terms and conditions (Ts&Cs).

Distinguishing the noun and verb uses of “cost.”

Explains the usage of commercial off-the-shelf (COTS).

Explains the term, its significance in the schedule for submitting deliverables, and the related acronym, “MACA.”