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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.

28 terms found for letter P

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P
PaaS
Platform as a Service; cloud computing service providing a platform for software development.
P
Past Performance
An offeror's record of performance on prior government or commercial contracts used as an evaluation factor.
P
PCO
Procuring Contracting Officer; the individual responsible for the award of a contract.
P
PCS
Permanent Change of Station; relocating to a different base.
P
Performance-Based Contracting
An acquisition strategy that focuses on outcomes and results rather than processes.
P
Period of Performance
The duration of time during which the contractor is required to perform the work specified.
P
PERSCOM
Personnel Command; responsible for managing the personnel records of service members.
P
PERSEC
Personal Security; protecting one's personal information.
P
Personal Services Contract
A contract that makes the contractor personnel appear to be government employees.
P
PFT
Physical Fitness Test; the standard test of physical readiness.
P
PGC
Pricing Guideline Coefficients; used in certain contract types to determine price adjustments.
P
Place of Performance
The geographic area where the work is performed, which may differ from the headquarters.
P
PLF
Parachute Landing Fall; technique for landing after a jump.
P
PMCS
Preventative Maintenance Checks and Services; gear checks.
P
PME
Professional Military Education; continuous career schooling.
P
POC
Point of Contact; the person to talk to about a matter.
P
PPIRS
Past Performance Information Retrieval System; (Obsolete) replaced by CPARS for tracking contractor history.
P
PPM
Personally Procured Move; moving one's own goods.
P
Prime Contractor
The entity that has a direct contract with the government and is responsible for overall performance.
P
Privity of Contract
The legal relationship between two parties who have entered into a contract with each other.
P
Procurement
The entire process of acquiring goods, services, or works from an external source.
P
Procuring Organization
A DLA activity with contracting authority, including both activities and offices.
P
Program Manager
The individual responsible for the overall management of an acquisition program.
P
Project Management
The discipline of initiating, planning, executing, and controlling the work of a team to achieve specific goals.
P
Proposal
An offer submitted in response to a Request for Proposal (RFP).
P
Protest
A written objection by an interested party to a solicitation or award of a contract.
P
PT
Physical Training; mandatory military exercise.
P
PX
Post Exchange; the Army department store.

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