Glossary of Defense Contracting Terms (M)

This Glossary provides you with the most frequently used terms in government and military base contracting. Familiarity with the language of government contracting is essential for doing business with the Department of Defense (DoD) and working with contracting offices at military bases and DoD agencies.  You may also find it helpful to use our master list of Acronyms frequently used in DoD contracting.

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View ACRONYMS used in Defense Contracting

 

MAINTENANCE BOND    A bond that provides a guarantee to an owner that the contractor will rectify defects in workmanship or materials reported to the contractor within a specified time period following final acceptance of the work under contract.

MARKET RESEARCH    Collecting and analyzing information about capabilities within the market to satisfy agency needs.

MASTER SOLICITATION   A document containing special clauses and provisions that have been identified as essential for the acquisition of a specific type of supply or service that is acquired repetitively.

MEMO OF UNDERSTANDING (MOU)   Expression of mutual understanding of an issue without implying commitments by parties to the understanding.

MICRO-PURCHASE     Micro-Purchase is a Government purchase (supplies or services) under the dollar value of $3,000.00 ($2,000.00 for Construction). [FAR 13.2; DFAR 232.1108] The purchase is paid by credit card. It is a distinctively designed card and identified for Official Government Use Only. The credit card affords authorized buyers a way to pay for over-the-counter purchases or telephone purchases less than $3,000.00 when the supplies or services are immediately available and a single delivery and payment will be made.

MODIFICATION (AKA MOD)     A minor change in the details of a provision or clause that is specifically authorized by the FAR and does not alter the substance of the provision or clause.

MOST FAVORED CUSTOMER (MFC)  

Individuals or entities that receive the best prices, discounts, and/or concessions, regardless of selling terms and conditions.

MULTIPLE AWARD TASK ORDER CONTRACT     DoD agencies seek RFQ/RFP's from many contractors/vendors for construction services. Multiple awardees will be chosen to provide services to the government within a predefined dollar amount. 

 

Pentagon Spokesman Department of Defense (DoD)

Guidance for Doing Business with Military Bases

   

The Wait Can Be Long!
Often the waiting list to get into see a Small Business Specialist at a military base can be long... frequently very long. And when your appointment date finally arrives, you might only get a few minutes of consultation. 
 
Why Not Get the Help You Need Today!
You can download and use our helpful defense contracting guidebooks. They are easy to read and packed with valuable information you will find extremely helpful for doing business with the Department of Defense and with military bases.

Download and Use our Helpful Guidebooks 

 Defense Studies Institute Small Business Specialist 

 


   Defense Studies Institute Army Corps of Engineers

Defense Studies Institute Marine Corps Defense Studies Institute Government Subcontractor
What Do Military Bases Purchase?
Master list of products, materials, equipment, and services routinely purchased by military bases and DoD organizations. 
Doing Business at Military Bases
Small business opportunities and points of contact at military bases and DoD agencies across the United States.
Subcontracting Opportunities
Detailed step-by-step guidance for becoming a successful subcontractor or supplier to prime defense contractors.