Cambridge Dictionary

Stands for “Information Technology,” and is pronounced “I.T.” It refers to anything related to computing technology, such as networking, hardware, software, the Internet, or the people that work with these technologies. We are a free multilingual dictionary that provides instant definitions from many respected reference resources such as the Random House College Dictionary, Princeton WordNet, Wiktionary, Webster Dictionary, U.S. National Library of Medicine, DOD Dictionary of Military and Associated Terms and more.

Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, solicitation and selection of sources, award of contracts, contract financing, contract performance, contract administration, and those technical and management functions directly related to the process of fulfilling agency needs by contract.

Multi-agency contract (MAC)” means a task-order or delivery-order contract established by one agency for use by Government agencies to obtain supplies and services, consistent with the Economy Act (see 17.502-2 ). Multi-agency contracts include contracts for information technology established pursuant to 40 U.S.C. 11314 (a)(2).

Electronic commerce” means electronic techniques for accomplishing business transactions including electronic mail or messaging, World Wide Web technology, electronic bulletin boards, purchase cards, electronic funds transfer, and electronic data interchange.

Major disaster,” as used in 6.208 , 13.201 , 13.500 , 18.001 , 18.202 , 18.203 , and subpart 26.2 , means any natural catastrophe (including any hurricane, tornado, storm, high water, winddriven water, tidal wave, tsunami, earthquake, volcanic eruption, landslide, mudslide, snowstorm, or drought), or regardless of cause, any fire, flood, or explosion, in any part of the United States, which, in the determination of the President, causes damage of sufficient severity and magnitude to warrant major disaster assistance under the Stafford Act to supplement the efforts and available resources of States, local governments, and disaster relief organizations in alleviating the damage, loss, hardship, or suffering caused thereby ( 42 U.S.C. 5122 ).