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NIAID Glossary of Funding and Policy Terms and Acronyms—L

For Institute program-specific acronyms, go to NIAID Profile and Fact Book.

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Term Definition
leadership plan

See Multiple PI Leadership Plan.

letter contract

Written preliminary contractual instrument that authorizes a contractor to begin immediately manufacturing supplies or performing services. Go to FAR 16.603-1.

letter of interest

Letter NIAID may require or request from an applicant or offeror before issuing a request for applications or solicitation.

license

Legally binding agreement that gives certain rights to a licensee, e.g., patent rights or use of materials, such as in a Biological Material License or Material Transfer Agreement.

Go to NIAID's Technology Transfer and Intellectual Property Office.

life-cycle costs for contracts

Costs to an agency for recurring operations and supporting and disposing of items acquired during a contract.

They include the amortized annual costs associated with capital, installation, operations, maintenance, and disposal, discounted over the lifetime of a product.

Literature Cited

See Bibliography and References Cited.

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Last Updated April 24, 2012

Last Reviewed April 24, 2012