Defense Procurement Terms (F)

FACILITY SECURITY CLEARANCE :

in order to provide physical security of classified information, ...

FACTORING :

it is a mediating process which takes over the credit rights of t ...

factory acceptance test :

It is an inspection of procured material at facilities of manufac ...

FEASIBILITY :

feasibleness. Doing required research for suitability/acceptabili ...

FINAL PROJECT :

according to certified preliminary project of a certain construct ...

FINAL STATEMENT :

It is a document prepared by the USA authorities at the end of Co ...

FINANCIAL / FISCAL YEAR :

it is a calendar year starting from 1st January and continuing to ...

FISCAL TRANSPARENCY :

informing public opinion at the right time in order to obtain eve ...

FORBIDDEN :

barred, forbidden, illegal.

Force Majeure :

it is a common clause in contracts which essentially frees both p ...

FORCE PLANNING INSTRUCTIONS :

prepared in the lights of National Military Strategy of Turkey, T ...

FORCE PROGRAM OFFERS :

they are offers prepared by process authorities considering resou ...

FOREIGN CURRENCY :

All foreign currency and all sorts of documents and means as cheq ...

FOREIGN CURRENCY REQUEST FORM :

It is a form to be used for import request in ‘‘List of Goods und ...

Foreign Military Sales :

It refers to Foreign Military Sales of the US Department of Defen ...

FORESIGHT :

determining preferences required to be done today for future.

FORTIFICATION / ARBITRATION :

in case of conflict on any right, parts agree to solve problem th ...

FRAGMENT / PART :

They are materials that are not separated into fractions by means ...

FRAMEWORK AGREEMENT :

It is an agreement determining conditions of price and possible f ...

Free Alongside Ship :

it means that the seller delivers when the goods are placed along ...

Free Carrier :

‘‘free carriers’’ means that the seller delivers the goods, clear ...

Free On Board :

the term means that the contractor has to carry out all proceedin ...

Free On Truck :

it is carrying/shipment of goods by highway. Packaging expenses a ...

free zone :

it is a certain area that is part of land under a state sovereign ...

FREIGHT :

cargo, goods to be transported from somewhere to another; in remu ...

FREIGHT /LOAD :

cargo/bulk, every kind of loaded goods to be carried/shipped. Mov ...

Freight Forwarder :

It is a firm that carries out all process from warehouse/contract ...

FULFILLMENT :

1) execute, implement, carrying out. 2) fulfillment via juridical ...

FUNCTION TEST :

It is test carried out on the condition of it2s being stated or n ...