QUALIFIED BID

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Key terms and learning references

Keep the training flow simple; use these references when you need more detail.

Award / action / obligation

Award means a distinct contract or order; an action is a recorded transaction such as the base award or modification. An obligation is a funding commitment/change, not paid revenue. Activity counts are not open bids.

Official learning reference →

https://www.usaspending.gov/data/Federal-Spending-Guide.pdf

QR for Award / action / obligation Official learning reference

NAICS — North American Industry Classification System

Industry classification helps research; a reported code is not proof of purchased scope, qualification or an accessible competition.

Official learning reference →

https://www.census.gov/naics/

QR for NAICS — North American Industry Classification System Official learning reference

Contract vehicle / order

An order may be issued under an existing contract arrangement. Check the solicitation and parent-vehicle access; an order count does not imply a new public competition.

Official learning reference →

https://www.gsa.gov/small-business/find-opportunities

QR for Contract vehicle / order Official learning reference

Forecast

An agency’s planned procurement can describe estimated scope, timing, value and strategy. It can change or be cancelled; confirm the released solicitation separately.

Official learning reference →

https://www.gsa.gov/small-business/find-opportunities

QR for Forecast Official learning reference

8(a) / WOSB / SDVOSB

8(a) is the Small Business Administration business-development program; WOSB means Women-Owned Small Business; SDVOSB means Service-Disabled Veteran-Owned Small Business. Eligibility and certification conditions differ; check the actual program and solicitation.

Official learning reference →

https://www.sba.gov/federal-contracting/contracting-assistance-programs

QR for 8(a) / WOSB / SDVOSB Official learning reference

Potential / exercised value

Potential can include unexercised options. Exercised and period-funding values have different bases; keep performance dates and source definitions beside the amount.

Official learning reference →

https://www.usaspending.gov/data/Federal-Spending-Guide.pdf

QR for Potential / exercised value Official learning reference

MCP — Model Context Protocol

The connection lets a supported assistant use Qualified Bid research tools. Follow the current provider guide and Qualified Bid sign-in flow. OAuth is the sign-in authorization process.

Qualified Bid product and setup guide →

https://qualifiedbid.qualifiedcapacity.com/

QR for MCP — Model Context Protocol Qualified Bid product and setup guide

Past performance / experience

Past performance addresses how relevant work was performed. Required technical experience and role are separate conditions in the actual solicitation; neutral treatment does not erase another requirement.

Official learning reference →

https://www.acquisition.gov/far/15.305

QR for Past performance / experience Official learning reference

Payment terms

Read the actual contract’s invoice and acceptance conditions. Sending an invoice is not the same as receiving payment; budget delivery cash using the applicable terms.

Official learning reference →

https://www.acquisition.gov/far/32.905

QR for Payment terms Official learning reference

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