As performance-based contracting grows, it is clear that not all performance-based contracts are firm, fixed price. Conversely, all firm, fixed price contracts are not really performance based. A performance-based contract can be any type of contract, even time and materials.
The abbreviation cwt stands for hundredweight. Unfortunately there are two different definitions of a hundredweight. In the United Kingdom, where it has been replaced by the metric system, a hundredweight is 112 pounds, or 8 stone. In the United States, it is 100 pounds. Carol Buchholz Slack.
CrossFit Acronyms and Abbreviations. 1  AMRAP: As Many Reps (sometimes Rounds)as Possible. 2  ATG: Ass to Grass. 3  BP: Bench press.  BS: Back 1  squat. BW (or BWT): Body weight.  CFT:CrossFit Total â consisting of max squat, press, and 1  deadlift. CFSB: CrossFit Strength Bias. A program developed by Jeff Martin and Darrell White, explained  here.