GovCon Accounting Definitions

What is a PLC?

PLC is an abbreviation for Project Labor Category. When providing staff augmentation services to the Federal Government, the labor associated with a particular skill set assigned to a project (e.g., contract) is designated as a labor category. An example of a PLC is Subject Matter Expert (SME). Billing and pay rates for...

What is a Public Voucher?

A Public Voucher (for Services Other Than Personal) - also known by its nomenclature SF1034 - is a standard form used for invoicing the federal government for services rendered during a period of performance. It is widely used for government contract invoicing for flexibly priced contracts, and is often used in conjunction...

What is a CLIN?

A CLIN is an acronym for Contract Line Item Number and can have different meanings depending on the type of contract. In some cases, a CLIN can represent a deliverable (e.g., task order) within a statement of work, and in others, a CLIN can represent an element of cost such as labor or travel incurred in the performance of...


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