Contractor Business Systems Sample Clauses

Contractor Business Systems. (a) This clause only applies to fixed-price contract awarded to a large business on the basis of adequate price competition with or without submission of cost or pricing data; or covered contract that is subject to the Cost Accounting Standards under 41 U.S.C. chapter 15, as implemented in regulations found at 48 CFR 9903.201-1(a) and is not exempted at 9903.201-1(b)(1) through (14) (see the 48 CFR Appendix).
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Contractor Business Systems. ‌ Contractor business systems produce critical data that COs use to help negotiate and manage Federal contracts. These systems and their related internal controls act as important safeguards against fraud, waste, and abuse of Federal funding. If the Contractor received evaluation credit for any contractor business systems in its OASIS+ proposal submission IAW Sections L.5.4, those systems must be maintained and updated as required at the same level or higher for the life of the OASIS+ WOSB Master Contract. For Contractor business systems, the Contractor shall maintain the status of those systems by providing the OASIS+ CO documentation from their cognizant DCMA CO, cognizant Federal agency (CFA) CO, or DCAA office, to verify that their business systems remain approved, determined adequate, or determined acceptable, as applicable, by updating their profile in the OSP. The Contractor shall also notify the OASIS+ CO of any material changes to its business systems or changes to the status of its business systems for the entire duration of the Master Contract within 15 calendar days of the change by updating its profile in the OSP. a. Material changes to business systems include, but are not limited to, a change in software or significant changes in policies and procedures affecting internal controls for the applicable business system and subsystems. Examples of immaterial changes include, but are not limited to, a minor revision to the policies and procedures or the addition of a new overhead pool for additional contract work. b. Changes to the status of business systems include, but are not limited to, disapproval, expiration of approval, withdrawal of an adequacy determination, or determinations of significant deficiencies. Contractors that did not claim credit for a business system qualification in their OASIS+ proposal submission may provide the OASIS+ CO documentation from their cognizant DCMA CO, CFA CO, or DCAA office, to verify that their business system has been reviewed and approved, determined adequate, or determined acceptable, as applicable, by updating their profile in the OSP. Any business systems reported in the Contractor’s profile are subject to the requirement to maintain the status and notify the OASIS+ CO of any material changes to its business systems or changes to the status of its business systems as outlined above. Any additions or changes to business systems reported in the Contractor’s profile shall be validated and approved by the O...
Sample 1
Contractor Business Systems. The Offeror shall establish and maintain acceptable business systems in accordance with DFARS 252.242-7005 Contractor Business System. The Offeror shall submit contact information (name, telephone number and email address) for their cognizant Defense Contract Management Agency (DCMA) Administrative Contracting Officer (ACO) and cognizant Defense Contract Audit Agency (DCAA) supervisory auditor. If the Offeror is not assigned to DCMA for contract administration or is not assigned to DCAA for contract audit, the Offeror will identify their cognizant federal agency or agencies (and include the individual contact information). If any of the Offeror's business systems were disapproved or deemed to be not adequate, the Offeror will identify all deficiencies along with steps taken, or to be taken, to correct the deficiencies and a timeline to include audit by the cognizant audit agency after corrective action(s) have been implemented. If any of the Offeror's business systems have never been audited by their cognizant federal audit agency, the Offeror shall so state. The Offeror shall submit a copy of the most recent ACO letter regarding the status of their applicable Business Systems. The Offeror shall submit its current Disclosure Statement describing the Offeror’s cost accounting practices and procedures.
Sample 1

Related to Contractor Business Systems

  • Computer Systems (a) Servicer to operate systems (b) Servicer to maintain back-up facilities (c) Servicer to notify location of computer tapes

  • Information Services The Custodian may rely upon information received from issuers of Securities or agents of such issuers, information received from Subcustodians or depositories, information from data reporting services that provide detail on corporate actions and other securities information, and other commercially reasonable industry sources; and, provided the Custodian has acted in accordance with the standard of care set forth in Section 6 (a), the Custodian shall have no liability as a result of relying upon such information sources, including but not limited to errors in any such information.

  • Marketing Services The Manager shall provide advice and assistance in the marketing of the Vessels, including the identification of potential customers, identification of Vessels available for charter opportunities and preparation of bids.

  • SERVICE MONITORING, ANALYSES AND ORACLE SOFTWARE 11.1 We continuously monitor the Services to facilitate Oracle’s operation of the Services; to help resolve Your service requests; to detect and address threats to the functionality, security, integrity, and availability of the Services as well as any content, data, or applications in the Services; and to detect and address illegal acts or violations of the Acceptable Use Policy. Oracle monitoring tools do not collect or store any of Your Content residing in the Services, except as needed for such purposes. Oracle does not monitor, and does not address issues with, non-Oracle software provided by You or any of Your Users that is stored in, or run on or through, the Services. Information collected by Oracle monitoring tools (excluding Your Content) may also be used to assist in managing Oracle’s product and service portfolio, to help Oracle address deficiencies in its product and service offerings, and for license management purposes. 11.2 We may (i) compile statistical and other information related to the performance, operation and use of the Services, and (ii) use data from the Services in aggregated form for security and operations management, to create statistical analyses, and for research and development purposes (clauses i and ii are collectively referred to as “Service Analyses”). We may make Service Analyses publicly available; however, Service Analyses will not incorporate Your Content, Personal Data or Confidential Information in a form that could serve to identify You or any individual. We retain all intellectual property rights in Service Analyses. 11.3 We may provide You with the ability to obtain certain Oracle Software (as defined below) for use with the Services. If we provide Oracle Software to You and do not specify separate terms for such software, then such Oracle Software is provided as part of the Services and You have the non-exclusive, worldwide, limited right to use such Oracle Software, subject to the terms of this Agreement and Your order (except for separately licensed elements of the Oracle Software, which separately licensed elements are governed by the applicable separate terms), solely to facilitate Your use of the Services. You may allow Your Users to use the Oracle Software for this purpose, and You are responsible for their compliance with the license terms. Your right to use any Oracle Software will terminate upon the earlier of our notice (by web posting or otherwise) or the end of the Services associated with the Oracle Software. Notwithstanding the foregoing, if Oracle Software is licensed to You under separate terms, then Your use of such software is governed by the separate terms. Your right to use any part of the Oracle Software that is licensed under the separate terms is not restricted in any way by this Agreement.

  • Hosting Services NCR Voyix shall furnish facilities, equipment, computer programs and services, as specified from time to time by NCR Voyix, that NCR Voyix deems necessary for operation and maintenance of the System (collectively, the “Hosting Services”).

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