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Code · BILL · 117th Congress · S. 4623 (Introduced in Senate) — To advance Government innovation through leading-edge procurement capability, and for other purposes. · Sec. 3

Sec. 3. Definitions

242 words·~1 min read·/bill/117/s/4623/is/section-3·

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In this Act: The term acquisition workforce means employees of an executive agency who are responsible for procurement, contracting, program or project management, or others as designated by the Chief Acquisition Officer, Senior Procurement Executive, or Head of the Contracting Activity. The term Administrator means the Administrator for Federal Procurement Policy. The term cross-functional means a structure in which individuals with different functional expertise or from different areas of an organization work together as a team.
The term executive agency has the meaning given the term in section 133 of title 41, United States Code. The term experiential learning means on-the-job experiences or simulations that serve to enhance workforce professional skills. The term information and communications technology has the meaning given the term in subpart 2.101 of the Federal Acquisition Regulation and includes associated services. The term qualified businesses wholly-owned through an Employee Stock Ownership Plan means an S corporation (as defined in section 1361(a)(1) of the Internal Revenue Code of 1986) for which 100 percent of the outstanding stock is held through an employee stock ownership plan (as defined in section 4975(e)(7) of such Code).
The term relevant committees of Congress means the Committee on Homeland Security and Governmental Affairs of the Senate and the Committee on Oversight and Reform of the House of Representatives. The term small business has the meaning given the term small business concern in section 3 of the Small Business Act ( 15 U.S.C. 632 ).
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Sec. 3
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