A Review Of IDIQ
A Review Of IDIQ
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(ii) Specify the whole minimum amount and utmost quantity of materials or solutions The federal government will get underneath the agreement;
If Everything you've penned is appropriate, then all we will conclude would be that the folks who developed the business enterprise procedures did not want obligations on essential IDIQ contracts documented in FPDS.
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The statement the author debunked ("It's not necessary to obligate the bare minimum if you award an IDIQ contract. You may wait around till you issue an order to make obligations.") is incorrect other than while in the pretty minimal circumstance in which the minimum amount buy is issued concurrently with the award of The essential agreement.
. Contracting officers may perhaps use an indefinite-amount agreement when the Government can't predetermine, previously mentioned a specified minimal, the exact portions of supplies or products and services that the Government will require through the contract period, and it really is inadvisable for the Government to commit itself for over a minimal amount.
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