Title 48

SECTION 1807.7201

1807.7201 Definitions.

1807.7201 Definitions.

Class of contracts means a grouping of acquisitions, either by dollar value or by the nature of supplies and services to be acquired.

Contract opportunity means planned new contract awards exceeding the simplified acquisition threshold (SAT).

[61 FR 47068, Sept. 6, 1996, as amended at 80 FR 36720, June 26, 2015]