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Government Contracting
Glossary & Terminology

Your go-to reference for federal procurement acronyms, contract types, and acquisition terminology. Understand the language of government contracting.

24 terms found for letter I

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I
IA
Information Assurance; protecting and defending information and information systems.
I
IaaS
Infrastructure as a Service; a form of cloud computing that provides virtualized computing resources over the internet.
I
IARB
Integrated Acquisition Review Board; an oversight group that conducts reviews at key decision points.
I
IDF
Indirect Fire; enemy mortars or artillery.
I
IDIQ
Indefinite-Delivery, Indefinite-Quantity; a contract providing for an indefinite quantity of services or supplies during a fixed period.
I
Idle
Aircraft engine at minimum power setting.
I
IED
Improvised Explosive Device; a homemade bomb.
I
IEEE
Institute of Electrical and Electronics Engineers; a professional association that sets technical standards.
I
IFB
Invitation for Bid; a procurement method used in sealed bidding to solicit firm-fixed-price offers.
I
IG
Inspector General; the official responsible for investigating waste, fraud, and abuse within an agency.
I
IMP
Integrated Master Plan; a top-level plan that provides the hierarchical event-based structure for an acquisition program.
I
IMS
Integrated Master Schedule; a networked, multi-layered schedule of all program activities.
I
In
Turning toward the target or threat.
I
Incurred Cost
A cost that has already been paid or for which a liability has been established.
I
Indirect Cost
A cost that is not directly identified with a single final cost objective, such as overhead or G&A.
I
Interagency Acquisition
A procedure by which an agency needing supplies or services obtains them through another agency's contract.
I
Intragovernmental Order
An order where a defense agency requests supplies from a non-defense federal agency.
I
Invoice
A contractor's bill or written request for payment for supplies delivered or services performed.
I
IOA
Industrial Operations Analyst; an official who evaluates industrial capabilities for the DoD.
I
IRR
Individual Ready Reserve; pool of former soldiers for recall.
I
Irrevocable Letter of Credit
A commitment by a financial institution to pay a stated amount that cannot be revoked by the offeror.
I
ITB
Infantry Training Battalion; Marine infantry specialty training.
I
ITS
Integrated Technology Service; a division of GSA that provides IT solutions.
I
ITSS
Information Technology Solutions Shop; a GSA-managed marketplace for IT services.

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