It consists of items or assemblies of equipment including foundations and similar improvements necessary for installing special test equipment, and standard or general purpose items or components that are interconnected and interdependent so as to become a new functional entity for special testing purposes. 0000157568 00000 n 0000040482 00000 n 0000115171 00000 n Market makers are sometimes making markets forseveral hundred of listed stocks at a time. 0000128524 00000 n 0000168509 00000 n The order cited "deficiencies in Citigroup's antimoney laundering compliance program" and its "control infrastructure relating to its foreign exchange program and designated market activities." The Fed ordered Citi to correct the issues in 2013 and 2015, respectively. Communications, Banking Applications & Legal Developments, Financial Stability Coordination & Actions, Financial Market Utilities & Infrastructures. (6) For use in subpart 22.17, see the definition at 22.1702. 0000068835 00000 n 0000122484 00000 n 0000137675 00000 n 0000065062 00000 n tnGYF1qZWLUTVUk\YnP`,R>ByEFb=)QqIQyJF2)(_C^"-#V. 0000078077 00000 n 0000119671 00000 n (ii) A higher threshold, as determined appropriate by the head of the agency and consistent with clean audit findings under 31 U.S.C. %PDF-1.6 % 0000044531 00000 n 0000144678 00000 n 0000132111 00000 n 451 1780 15852). 0000150535 00000 n 0000074484 00000 n 0000160650 00000 n 0000175238 00000 n (3) A service referred to in paragraph (1) or (2) of this definition, even though the service is transferred between or among separate divisions, subsidiaries, or affiliates of a contractor. 0000090321 00000 n (3) See 13 CFR 121.103(b)(9) regarding the exception to affiliation for offers received from Small Business Teaming Arrangements in the case of a solicitation of offers for a bundled contract with a reserve. 0000176016 00000 n Governmental functions normally fall into two categories: the act of governing, i.e., the discretionary exercise of Government authority, and monetary transactions and entitlements. In finance, the term affirmative obligation refers to the responsibilities of market makers working on the New York Stock Exchange (NYSE). Such data may include the identical types of data as certified cost or pricing data, consistent with Table 15-2 of 15.408, but without the certification. 0000170444 00000 n 0000105923 00000 n 0000175900 00000 n L. 104-106. We also reference original research from other reputable publishers where appropriate. 0000067734 00000 n 0000114361 00000 n 0000090611 00000 n (2) Unless otherwise agreed, the point where title for goods passes to the buyer or consignee. 0000158827 00000 n 0000153498 00000 n 0000176132 00000 n 0000121423 00000 n 0000079462 00000 n 0000088368 00000 n 0000101500 00000 n 0000146624 00000 n 0000167360 00000 n 0000154325 00000 n 0000104385 00000 n He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School for Social Research and Doctor of Philosophy in English literature from NYU. 0000066765 00000 n 0000093329 00000 n 0000105033 00000 n 0000092961 00000 n See OMB Circular A-119. 0000123833 00000 n 0000161258 00000 n 0000126631 00000 n 5122). 0000158134 00000 n 0000168804 00000 n 0000092296 00000 n 0000097817 00000 n 2230 0 obj<>stream 0000091514 00000 n 5122). 0000149552 00000 n (i) Bind the United States to take or not to take some action by contract, policy, regulation, authorization, order, or otherwise; (ii) Determine, protect, and advance United States economic, political, territorial, property, or other interests by military or diplomatic action, civil or criminal judicial proceedings, contract management, or otherwise; (iii) Significantly affect the life, liberty, or property of private persons; (iv) Commission, appoint, direct, or control officers or employees of the United States; or. 0000171681 00000 n (1) The Contractor has entered all mandatory information, including the unique entity identifier and the Electronic Funds Transfer indicator (if applicable), the Commercial and Government Entity (CAGE) code, as well as data required by the Federal Funding Accountability and Transparency Act of 2006 (see subpart 4.14), into SAM; (2) The Contractor has completed the Core, Assertions, Representations and Certifications, and Points of Contact sections of the registration in SAM; (3) The Government has validated all mandatory data fields, to include validation of the Taxpayer Identification Number (TIN) with the Internal Revenue Service (IRS). First article testing means testing and evaluating the first article for conformance with specified contract requirements before or in the initial stage of production. 3015), the term means $500,000 for any contract to be awarded and performed, or purchase to be made, outside the United States. Market regulation is often controlled by the. 0000079806 00000 n 0000118526 00000 n 0000080409 00000 n Under this concept, cost is a design constraint during the design and development phases and a management discipline throughout the acquisition and operation of the system or equipment. 0000159353 00000 n 0000116003 00000 n 0000142916 00000 n 0000099495 00000 n Unless the contract provides otherwise, the buyer or consignee is responsible for the cost of shipping and risk of loss. 0000075270 00000 n 0000111399 00000 n 0000154561 00000 n 0000121365 00000 n 0000064102 00000 n NSCC is a clearing agency registered with the SEC. 0000130691 00000 n G&A expense does not include those management expenses whose beneficial or causal relationship to cost objectives can be more directly measured by a base other than a cost input base representing the total activity of a business unit during a cost accounting period. 0000149201 00000 n 0000166813 00000 n Federal banking regulators on Wednesday fined Citigroup Inc. $400 million and ordered the nation's third-largest bank to fix its risk-management systems . HUBZone means a historically underutilized business zone that is an area located within one or more qualified census tracts, qualified nonmetropolitan counties, lands within the external boundaries of an Indian reservation, qualified base closure areas, redesignated areas, governor-designated covered areas, or qualified disaster areas, as defined in 13 CFR 126.103. (3) A cosurety is one of two or more sureties that are jointly liable for the penal sum of the bond. 0000083946 00000 n Contracting officers representative (COR) means an individual, including a contracting officers technical representative (COTR), designated and authorized in writing by the contracting officer to perform specific technical or administrative functions. (11) For use in part 27, see the definition at 27.001. Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. Small business concern. 0000068424 00000 n (a) A word or a term, defined in this section, has the same meaning throughout this regulation (48 CFR chapter 1), unless-, (1) The context in which the word or term is used clearly requires a different meaning; or. 0000143919 00000 n 0000147695 00000 n (2) For use in the clauses at-, (i) 52.248-2, see the definition at 52.248-2(b); and. 0000175312 00000 n Multiple-award contract means a contract that is. 0000036619 00000 n 0000145075 00000 n 0000042613 00000 n 0000065662 00000 n The primary aim of basic research is a fuller knowledge or understanding of the subject under study, rather than any practical application of that knowledge. 0000175841 00000 n (2) The management and daily business operations of which are controlled (as defined at 13 CFR 124.106) by individuals who meet the criteria in paragraphs (1)(i) and (ii) of this definition. 0000158308 00000 n 0000162470 00000 n Termination for convenience means the exercise of the Governments right to completely or partially terminate performance of work under a contract when it is in the Governments interest. 0000084898 00000 n 0000125572 00000 n 0000069160 00000 n 0000069221 00000 n 0000179970 00000 n 0000076717 00000 n 0000156528 00000 n Recession: A recession is a significant decline in activity across the economy, lasting longer than a few months. (2) In this context, the term does not mean that the source has the sole capability of performing the research. 0000085503 00000 n 0000081772 00000 n 0000070966 00000 n 0000135933 00000 n Supporting a diplomatic or consular mission means performing outside the United States under a contract administered by Federal agency personnel who are subject to the direction of a Chief of Mission. 0000148215 00000 n 0000125090 00000 n 0000105534 00000 n 0000067095 00000 n 0000117344 00000 n 0000111621 00000 n 0000149726 00000 n 0000134967 00000 n Agency head or "head of the agency" means the Secretary, Attorney General, Administrator, Governor, Chairperson, or other chief official of an executive agency, unless otherwise indicated, including any deputy or assistant chief official of an executive agency. 0000093617 00000 n 0000074135 00000 n 0000103364 00000 n 0000064914 00000 n 0000166239 00000 n Nasdaq Market Maker vs. NYSE Specialist: What's the Difference? All property and. 0000133760 00000 n "New investment" is defined to mean "the commitment of capital or other assets for the purpose of generating returns or appreciation"; OFAC published extensive Frequently Asked Questions ("FAQs") guidance about this prohibition on June 6, 2022, [iii] and again on January 17, 2023. 0000087601 00000 n 0000078294 00000 n 0000150799 00000 n Surety means an individual or corporation legally liable for the debt, default, or failure of a principal to satisfy a contractual obligation. 0000154736 00000 n For purposes of these services, (i) Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and, (ii) Market prices means current prices that are established in the course of ordinary trade between buyers and sellers free to bargain and that can be substantiated through competition or from sources independent of the offerors; or. Cost or pricing data is required to be certified in certain procurements (10 U.S.C. 0000096589 00000 n 0000086495 00000 n 0000078823 00000 n Contracting activity means an element of an agency designated by the agency head and delegated broad authority regarding acquisition functions. 0000074192 00000 n 0000153366 00000 n 0000154207 00000 n Contract means a mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them. Line item number means either a numeric or alphanumeric format to identify a line item. 0000171622 00000 n 0000142354 00000 n 0000162349 00000 n 0000107340 00000 n (2) Acquisitions of supplies or services that, as determined by the head of the agency, are to be used to support a humanitarian or peacekeeping operation ( 10 U.S.C. 0000091025 00000 n 0000118593 00000 n xref 0000164834 00000 n It automatically qualifies as a women-owned small business (WOSB) concern eligible under the WOSB Program. 0000174681 00000 n The Federal Reserve supervises FMUs that have been designated as systemically important by the Financial Stability Oversight Council. 0000151071 00000 n 0000079692 00000 n 0000131816 00000 n 0000077789 00000 n 0000087329 00000 n 0000092383 00000 n 0000119199 00000 n 0000077847 00000 n 0000068900 00000 n 0000135247 00000 n 0000160869 00000 n Alternate means a substantive variation of a basic provision or clause prescribed for use in a defined circumstance. 0000148141 00000 n
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