§ 206.000 Scope of part
§ 206.001 Applicability
§ 206.001-70 Exception for prototype projects for follow-on production contracts
Subpart 206.1 Full and Open Competition
Subpart 206.2 Full and Open Competition After Exclusion of Sources
Subpart 206.3 Other Than Full and Open Competition
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Terms Used In 48 CFR Part 206 - Competition Requirements

  • 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.
  • loan or finance company: shall include a sole proprietor acting as a loan or finance company, and shall not include: A bank, a person registered with and functionally regulated or examined by the Securities and Exchange Commission or the Commodity Futures Trading Commission, any government sponsored enterprise regulated by the Federal Housing Finance Agency, any Federal or state agency or authority administering mortgage or housing assistance, fraud prevention or foreclosure prevention programs, or an individual employed by a loan or finance company or financial institution under this part. See 31 CFR 1010.100
  • Statute: A law passed by a legislature.