§ 127.700 What are the requirements for representing EDWOSB or WOSB status, and what are the penalties for misrepresentation?
§ 127.701 What must a concern do in order to be identified as an EDWOSB or WOSB in any Federal procurement databases?
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Terms Used In CFR > Title 13 > Chapter I > Part 127 > Subpart G - Penalties

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.