What is Ownership of Offeror (OoO) & IO & HLO?

Ownership of Offeror (OoO) What is OoO? The Department of Defense (DOD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) have revised the FAR that now requires that offerors provide their CAGE codes to contracting officers and that, if owned or controlled by another entity, offerors will provide, in a new provision… Continue reading What is Ownership of Offeror (OoO) & IO & HLO?

What is the US SAM?

System for Award Management What is SAM? Register your entity (business, organization, individual, or government agency) to do business with the U.S. Government. SAM is the official U.S. Government system that consolidated the capabilities of CCR/FedReg, ORCA, and EPLS. It is FREE to register in SAM.gov for any entity. Find FREE training and support material for registering… Continue reading What is the US SAM?

What is a DUNS+4 ?

Data Universal Numbering System What is a DUNS Number? The DUNS Number is a unique nine-digit identification number provided by┬áD&B. DUNS Number assignment is FREE for all businesses required to register with the U.S. Government for contracts or grants. What is a DUNS +4? A DUNS plus four is an alphanumeric four character set that… Continue reading What is a DUNS+4 ?

What is an NCAGE Code?

What is a North Atlantic Treaty Organization Commercial and Government Entity (NCAGE) code? An NCAGE is a five-character alpha-numeric identifier assigned to entities located OUTSIDE of the U.S. and its’ territories. Based on the location of the entity, NSPA will either assign/update or route to the applicable National Codification Bureau for assign/update action.

CAGE CODE Forms

CAGE and NCAGE code registration procedures Change-of-Name Agreement: Used for changing a company name or individual listed in the legal business name field due to an acquisition, merger, or other reason for a name change, when there is an open U.S. Government contract. Correction-of-Name Agreement: Used for correcting a company name or individual listed in… Continue reading CAGE CODE Forms

Why do we need a global LEI?

The establishment of a global LEI system will be a significant achievement in responding to the vulnerabilities of the global financial system and will provide meaningful long-term benefits for both the public and private sectors. When Lehman Brothers collapsed in 2008, financial regulators and private sector managers were unable to assess quickly the extent of… Continue reading Why do we need a global LEI?

Glossary Guide

Welcome to Glossary.Guide a consolidated resource for long-tail definitions, acronyms and F.A.Q. content. GG is intended to become a resource for public-domain definitions and encyclopedia content. -Lexi C On

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