What is a clin and SLIN?
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What is a clin and SLIN?
Contract Line / Sub-Line (CLIN / SLIN) The Contract Line (CLIN) and Sub-line (SLIN) structure is used in CLM documents, including modifications to the purchasing documents. A Contract Line captures information about the item(s) or service(s) to be procured in the contract with or without the pricing details.
What is a not separately priced Clin?
(a) If the schedule in this contract contains any contract line or subline items identified as not separately priced (NSP), it means that the unit price for the NSP line or subline item is included in the unit price of another, related line or subline item.
What are the three types of federal contracts?
Federal government contracts are commonly divided into two main types, fixed-price and cost-reimbursement. Other contract types include incentive contracts, time-and-materials, labor-hour contracts, indefinite-delivery contracts, and letter contracts.
What are the five major categories of government contracting?
A Look At 5 Types Of Government Contracts
- The Fixed-Price Contract. The fixed-price contract is a bit like those fancy prix-fixe dinners at upscale eateries.
- Cost-Reimbursement Contracts.
- Time & Materials Contracts.
- Incentive Contracts.
- Indefinite Delivery & Quantity Contracts.
What is CLIN in business?
A CLIN is an acronym for Contract Line Item Number and can have different meanings depending on the type of contract.
What is retail SLIN?
Definition. SLIN. Select in. SLIN. Solicitation Line Item Number (US VA)
What does SLIN mean?
SLIN
| Acronym | Definition |
|---|---|
| SLIN | Select in |
| SLIN | Solicitation Line Item Number (US VA) |
| SLIN | Sub-Line Item Number |
| SLIN | Sub-Contract Line Item Number |
What are the differences between contracting by negotiation and sealed bidding CLC 222?
Sealed bidding prohibits discussions, price, or otherwise, between the bidders and the Department after bid opening. In contracting by negotiation, the contracting officer requires that offerors package their technical proposals and their price proposals separately.
Which type of contract has the highest risk for the buyer?
Cost Plus Fixed Fee (CPFF) presents the most risk for the buyer. There is less incentive for the seller to keep control of costs than with a fixed-price contract and the buyer would need to provide resources to oversee the costs to make sure they are reasonable.
What does SLIN stand for in government contracting?
sub-line item numbers
Item value is reported via contract line item numbers (CLIN), sub-line item numbers (SLIN), or exhibit line item numbers (ELIN).