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GovCon Acronym Decoder

Government contracting runs on shorthand. Search any acronym and get a plain-English definition, when you will run into it, whether you need one, and where it comes from.

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1 of 172 terms matching "BPA"

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BPA
Contract Vehicles

Blanket Purchase Agreement

A simplified, pre-negotiated arrangement for repeat purchases. It sets terms and pricing so the agency can place orders quickly without a new competition each time.

When you see it

On recurring supplies and services, often built on top of a GSA Schedule.

Do you need it

A BPA is not a contract award by itself; orders under it are. But holding one makes you very easy to buy from.

Where it comes from

FAR 8.405-3 (Schedule BPAs) or FAR 13.303 (simplified BPAs).

BPA
Contract Vehicles

Blanket Purchase Agreement

A simplified, pre-negotiated arrangement for repeat purchases. It sets terms and pricing so the agency can place orders quickly without a new competition each time.

When you see it

On recurring supplies and services, often built on top of a GSA Schedule.

Do you need it

A BPA is not a contract award by itself; orders under it are. But holding one makes you very easy to buy from.

Where it comes from

FAR 8.405-3 (Schedule BPAs) or FAR 13.303 (simplified BPAs).

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