What Does CAP Stand For?

CAP stands for Contractor Acquired Property

CAP, or Contractor Acquired Property, refers to the tangible assets acquired by a contractor during the execution of a contract. These assets are essential for fulfilling contractual obligations and may include items such as equipment, materials, and supplies. The management and accountability of CAP are crucial for ensuring compliance with contract terms and for maintaining accurate records for financial and operational oversight.

Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym

Other Meanings for CAP