Glossary of Defense Contracting Terms (O)

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

 

OFFER    A response to a solicitation that, if accepted, would bind the offeror to perform the resultant contract.  A response to an invitation for bids or a request for proposals is an offer. A response to a request for quotations is a quote not an offer.

OFFEROR   A bidder on a government solicitation.

OFFICE OF THE CHIEF FINANCIAL OFFICER (OCFO)    A branch of the General Services Administration (GSA) whose mission is to provide policy leadership in strategic planning, budgeting, and financial management.

OFFICE OF THE CHIEF PEOPLE OFFICER (OCPO)   A branch of the General Services Administration (GSA) that provides customers with workforce, organization, and workplace business solutions.

OPTION    A unilateral right in a contract by which, for a specified time, the Government may elect to purchase additional supplies or services called for by the contract, or may elect to extend the term of the contract.

OVERHEAD   Indirect costs other than those related to general and administrative expense and selling expenses.  

 

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.