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Glossary Term: outlay
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Federal glossary · Metric

OUTLAY

An outlay is an actual payment (expenditure) by the government. Outlays occur when the Treasury disburses funds, typically when a contractor submits an approved invoice. Outlays lag obligations.

Example: The Simplified Acquisition Threshold or a fiscal-year budget measure.

Type
Metric
Defined by
OMB budget guidance
Last reviewed
Jul 2, 2026

Reference record · Sources: OMB budget guidance · Verified Jul 2, 2026 · Covers definition, governing source

Home/Glossary/OUTLAY
Metric

OUTLAY

Definition

An outlay is an actual payment (expenditure) by the government. Outlays occur when the Treasury disburses funds, typically when a contractor submits an approved invoice. Outlays lag obligations.

Why does OUTLAY matter?

is a metric concept federal contractors and grant writers run into across solicitations, regulations, and award filings

Where this matters in federal contracting

OUTLAY is a measurement used in federal contract evaluation, source selection, oversight, or performance management. For example: Example: The Simplified Acquisition Threshold or a fiscal-year budget measure. Understanding OUTLAY matters because evaluators use metrics like it to compare proposals quantitatively, score past performance, set award-fee outcomes, and decide who gets the next option year. Contractors who track how OUTLAY is calculated — and what target values look like in their NAICS or service area — write proposals that are concrete and defensible instead of generic and easily dismissed. OUTLAY also has implications for contract administration: getting the calculation methodology wrong post-award is a common source of disputes and contracting-officer modifications. Pair OUTLAY with the related metrics above to see how the federal government composes evaluation criteria into source-selection narratives.

Example

Example: The Simplified Acquisition Threshold or a fiscal-year budget measure.

Meaning in practice

OUTLAY is a measure used to score, compare, or track government activity.

Where you’ll see it

You will see it in evaluation criteria, dashboards, scorecards, reports, and oversight reviews. Example: Example: The Simplified Acquisition Threshold or a fiscal-year budget measure..

Common confusion

People often confuse the metric with the threshold or decision rule attached to it.

What to do next

Check how the metric is calculated before you compare records or opportunities.

Frequently Asked Questions

What is OUTLAY in government contracting?▾
An outlay is an actual payment (expenditure) by the government. Outlays occur when the Treasury disburses funds, typically when a contractor submits an approved invoice. Outlays lag obligations.
Can you give an example of OUTLAY?▾
Yes. Example: The Simplified Acquisition Threshold or a fiscal-year budget measure.
Why is OUTLAY important for government contractors?▾
OUTLAY is a metric used to measure or evaluate aspects of government contracting. These metrics are important for proposal evaluation, past performance assessment, and contract management.
Where will I see OUTLAY?▾
You will see it in evaluation criteria, dashboards, scorecards, reports, and oversight reviews. Example: Example: The Simplified Acquisition Threshold or a fiscal-year budget measure..
What is OUTLAY commonly confused with?▾
People often confuse the metric with the threshold or decision rule attached to it.
What should I do next when I see OUTLAY?▾
Check how the metric is calculated before you compare records or opportunities.

Related terms

OMB — Office of Management and Budget
bg-sky-500/20 text-sky-300 border-sky-500/30
Fiscal Year — federal Fiscal Year
bg-green-500/20 text-green-300 border-green-500/30
Obligation
bg-green-500/20 text-green-300 border-green-500/30
Cost Realism
bg-green-500/20 text-green-300 border-green-500/30
Cost Analysis
bg-green-500/20 text-green-300 border-green-500/30
Price Reasonableness
bg-green-500/20 text-green-300 border-green-500/30
Cost Reasonableness
bg-green-500/20 text-green-300 border-green-500/30
Price Analysis
bg-green-500/20 text-green-300 border-green-500/30

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Source trail

OUTLAY page
Canonical glossary term page last reviewed 2026-07-02.
Glossary
OMB budget guidance
Official source trail.
Source

More metric terms

ObligationCost RealismCost AnalysisPrice ReasonablenessCost ReasonablenessPrice AnalysisShould CostProfit AnalysisODCPOPEVMNTE
Source: OMB budget guidance·Last updated 2026-07-02 by Bureauify·Category: Metric

What to ask next

  • What is OMB — Office of Management and Budget?
  • What is Fiscal Year — federal Fiscal Year?
  • What is Obligation?
  • What is Cost Realism?
  • What is Cost Analysis?
  • What is Price Reasonableness?

What can I do?

FollowSave

Route: Orientation path

  1. 1.Discover — you are here
  2. 2.Decide — follow to monitor
  3. 3.Act — follow to monitor

Follow OUTLAY

Get notified when usage of OUTLAY changes in contracts or guidance.

Follow OUTLAY →Search OUTLAY in records

Find OUTLAY-related opportunities

Search active federal contracts and solicitations related to OUTLAY on Bureauify.

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