On December 4, 2019, the Council approved its updated final rule and interpretive guidance for nonbank financial company determinations. 0000171032 00000 n (2) Restrict in any way a contracting officer in the performance of any duty properly assigned. 0000143712 00000 n For use in subpart 23.5, see the definition at 23.503. 0000114997 00000 n 0000127670 00000 n 0000133892 00000 n Organizational conflict of interest means that because of other activities or relationships with other persons, a person is unable or potentially unable to render impartial assistance or advice to the Government, or the persons objectivity in performing the contract work is or might be otherwise impaired, or a person has an unfair competitive advantage. 0000134677 00000 n 0000090192 00000 n 0000096711 00000 n The term includes, (1) Acquisitions under the Economy Act ( 31 U.S.C. ; or to support response to an emergency or major disaster ( 42 U.S.C. (See OMB Circular A-11, part 7.). 0000093023 00000 n See OMB Circular A-119. 0000103729 00000 n 0000142626 00000 n (2) Results in the call or order to, or retention on, active duty of members of the uniformed services under sections 688, 12301(a), 12302, 12304, 12304a, 12305, or 12406 of title 10 of the United States Code, Chapter 15 of title 10 of the United States Code, or any other provision of law during a war or during a national emergency declared by the President or Congress. Following the publication of its final rule outlining the criteria, processes, and procedures for the designation of FMUs on July 27, 2011, the Council proposed the designation of an initial set of FMUs on May 22, 2012. This levels the playing field between the DMM and floor brokers. On July 8, 2013, the Council voted to designate American International Group, Inc. and General Electric Capital Corporation, Inc. On September 19, 2013, the Council voted to designate Prudential Financial, Inc.On December 18, 2014, the Council voted to designate MetLife, Inc.Click on the following links for the bases for the Councils determinations. 0000144126 00000 n chapter 67, Service Contract Labor Standards, $2,500; (3) For acquisitions of supplies or services that, as determined by the head of the agency, are to be used to support a contingency operation; to facilitate defense against or recovery from cyber, nuclear, biological, chemical or radiological attack; to support a request from the Secretary of State or the Administrator of the United States Agency for International Development to facilitate provision of international disaster assistance pursuant to 22 U.S.C. (1) Installation services, maintenance services, repair services, training services, and other services if, (i) Such services are procured for support of a commercial product as defined in this section, regardless of whether such services are provided by the same source or at the same time as the commercial product; and. 0000137091 00000 n 0000093924 00000 n 0000073178 00000 n 0000152500 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. 0000086985 00000 n 0000138401 00000 n Commercial Banks, Senior Loan Officer Opinion Survey on Bank Lending For cost-reimbursement research and development contracts with educational institutions, it may be predetermined; that is, established for a future period on the basis of cost experience with similar contracts, together with supporting data. BNP's forex fines in detail| Compliance Matters 0000132939 00000 n 0000111827 00000 n 0000097933 00000 n 0000176074 00000 n 0000142742 00000 n 0000107944 00000 n 0000098332 00000 n (6) The Environmental Protection Acts and Executive orders. 0000100844 00000 n 1702. 0000168252 00000 n 0000179676 00000 n 0000164598 00000 n 0000162592 00000 n 0000160325 00000 n 0000082714 00000 n 0000137149 00000 n 0000121133 00000 n Electronic commerce means electronic techniques for accomplishing business transactions including electronic mail or messaging, World Wide Web technology, electronic bulletin boards, purchase cards, electronic funds transfer, and electronic data interchange. 0000088317 00000 n Solicitations under negotiated procedures are called "requests for proposals." 0000097269 00000 n 0000147510 00000 n 0000154561 00000 n Receiving reports must meet the requirements of 32.905(c). 0000159744 00000 n Building or work means construction activity as distinguished from manufacturing, furnishing of materials, or servicing and maintenance work. 0000105829 00000 n 0000146915 00000 n Primary Dealers Primary dealers are trading counterparties of the New York Fed in its implementation of monetary policy. 0000122248 00000 n 0000107885 00000 n The contractor will be required to provide consent for TIN validation to the Government as a part of the SAM registration process; and. (i) A commercial product (as defined in paragraph (1) of the definition of commercial product in this section); (ii) Sold in substantial quantities in the commercial marketplace; and, (iii) Offered to the Government, under a contract or subcontract at any tier, without modification, in the same form in which it is sold in the commercial marketplace; and. ", Products has the same meaning as "supplies.". 0000134503 00000 n Warranty means a promise or affirmation given by a contractor to the Government regarding the nature, usefulness, or condition of the supplies or performance of services furnished under the contract. 0000117344 00000 n 0000102760 00000 n On June 8, 2015, staff supporting the Council released guidance that provides additional details explaining how the Stage 1 thresholds are calculated: Staff Guidance: Methodologies Relating to Stage 1 Thresholds. (b) Other parts, subparts, and sections of this regulation (48 CFR chapter 1) may define other words or terms and those definitions only apply to the part, subpart, or section where the word or term is defined. 0000134386 00000 n 0 Also included are acquisitions of models, methodologies, and related software supporting studies, analyses or evaluations. 0000164898 00000 n 0000086831 00000 n 0000147243 00000 n 0000151953 00000 n 0000173382 00000 n Part of the responsibility is to lessen volatility and increase liquidity, but those factors are not always under their control. 0000134909 00000 n Designated market makers do not have access to information on who has bought or sold a security until after the trade is made, meaning that the DMM does not have inside information and faces the same risks as other market participants. 0000127434 00000 n 0000123051 00000 n 0000171563 00000 n 0000154852 00000 n 0000068188 00000 n 0000089059 00000 n 0000105357 00000 n The use of the term "line item" includes "subline item," as applicable. 0000080293 00000 n 0000131240 00000 n (1) A Multiple Award Schedule contract issued by GSA (e.g., GSA Schedule Contract) or agencies granted Multiple Award Schedule contract authority by GSA (e.g., Department of Veterans Affairs) as described in FAR part 38; (2) A multiple-award task-order or delivery-order contract issued in accordance with FAR subpart 16.5, including Governmentwide acquisition contracts; or. 0000106720 00000 n 0000160451 00000 n 0000170774 00000 n 0000083073 00000 n Classified contract means any contract in which the contractor or its employees must have access to classified information during contract performance. 0000128952 00000 n 0000064037 00000 n 0000173264 00000 n 0000097487 00000 n 0000072401 00000 n 0000147637 00000 n 0000137734 00000 n 0000094570 00000 n 0000165224 00000 n 0000043895 00000 n 0000065003 00000 n 0000158483 00000 n Qualifying offeror, as used in 13.106-1 and 15.304, means an offeror that is determined to be a responsible source, submits a technically acceptable proposal that conforms to the requirements of the solicitation, and the contracting officer has no reason to believe would be likely to offer other than fair and reasonable pricing ( 10 U.S.C. 0000168627 00000 n FMUs and financial institutions participating in payment, clearance, and settlement activities comprise the nation's financial infrastructure. 0000134268 00000 n 0000138637 00000 n The bases for the Councils designations are availablehere: The FMUs that the Council designated perform a variety of functions in the market, including the clearance and settlement of cash, securities, and derivatives transactions; many of them are central counterparties and are responsible for clearing a large majority of trades in their respective markets. 0000073379 00000 n 0000095231 00000 n (ii) To a significant extent, its use in the performance of a service or the furnishing of a product. hbbd``b`$ F#a{$XA`IX@d=Q&F n0 H 0000100334 00000 n 0000068424 00000 n 0000114939 00000 n 0000074651 00000 n 0000067547 00000 n 0000157634 00000 n 0000048346 00000 n 0000090842 00000 n However, the words "no person may" mean that no person is required, authorized, or permitted to do the act described. 0000120629 00000 n (3) Identification of those parties excluded from receiving Federal contracts, certain subcontracts, and certain types of Federal financial and non-financial assistance and benefits. 0000137911 00000 n chapter67, Service Contract Labor Standards; (3) The Equal Employment Opportunity Acts and Executive orders; (4) 41U.S.C. 0000086405 00000 n "Administrative contracting officer (ACO)" refers to a contracting officer who is administering contracts. Cost realism means that the costs in an offerors proposal-. (l|d6 Formerly known as specialists, the designated market maker is the official market maker for a set of tickers and, in order to maintain liquidity in these assigned stocks, will take the other side of trades when buying and selling imbalances occur. (1) Professional services of an architectural or engineering nature, as defined by State law, if applicable, that are required to be performed or approved by a person licensed, registered, or certified to provide those services; (2) Professional services of an architectural or engineering nature performed by contract that are associated with research, planning, development, design, construction, alteration, or repair of real property; and. Residual value means the proceeds, less removal and disposal costs, if any, realized upon disposition of a tangible capital asset. je ne ressens rien quand mon copain me touche 0000092899 00000 n 0000087163 00000 n 0000144240 00000 n 0000091714 00000 n 0000158017 00000 n 0000113045 00000 n 0000076862 00000 n 0000167654 00000 n 0000136419 00000 n %PDF-1.6 % 0000120901 00000 n 0000131056 00000 n Effective date of termination means the date on which the notice of termination requires the contractor to stop performance under the contract. 0000072525 00000 n 0000115113 00000 n 0000175664 00000 n 0000108518 00000 n Requesting agency means the agency that has the requirement for an interagency acquisition. (2) Proposed costs or prices submitted in response to an agency solicitation, or lists of those proposed costs or prices. 0000095521 00000 n Scrap means personal property that has no value except its basic metallic, mineral, or organic content. Market makers are sometimes making markets forseveral hundred of listed stocks at a time. (ii) Contains imbedded information technology that is used as an integral part of the product, but the principal function of which is not the acquisition, storage, analysis, evaluation, manipulation, management, movement, control, display, switching, interchange, transmission, or reception of data or information. Contract modification means any written change in the terms of a contract (see 43.103). 0000147322 00000 n 0000074192 00000 n 0000087387 00000 n 0000104451 00000 n 0000106450 00000 n 0000085503 00000 n A specialist was a term formerly used to describe a member of an exchange who acted as the market maker to facilitate the trading of a given stock. Special test equipment does not include material, special tooling, real property, and equipment items used for general testing purposes or property that with relatively minor expense can be made suitable for general purpose use. 0000161110 00000 n "HSBC has made and must continue to implement additional improvements in its oversight, internal controls, compliance, risk management and audit programs for designated market activities," the Federal Reserve Board said. According to NYSE, the DMM serves three important functions: As trades are made and quotes get filled on bids and offers, the DMM works to balance their inventory accordingly. 0000093560 00000 n chapter65, Contracts for Material, Supplies, Articles, and Equipment Exceeding $10,000; (5) 41U.S.C.
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