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Not if the order is based on pricing deemed reasonable under the base contract. Study with Quizlet and memorize flashcards containing terms like Indefinite quantity contract, definite quantity contract, requirements contract and more.
A multiple award task order contract entered into in accordance with FAR 16.504(c) or any other indefinite-delivery, indefinite-quantity contract that an agency enters into with two or more sources under the same solicitation.
4 paź 2024 · Discuss the key requirements and considerations for the Government when issuing orders under indefinite-delivery contracts. How do these requirements ensure fair and transparent procurement processes?
20 lut 2024 · IDIQ stands for Indefinite Delivery/Indefinite Quantity, a type of contract that does not specify exact quantities or delivery times at the time of award. Instead, it provides for an indefinite amount of supplies or services during a fixed period, with deliveries or performance to occur when ordered by the government.
IDIQ contracts provide a method to order from existing agency indefinite-delivery contracts as well as contracts awarded by another agency (i.e. Government-wide Acquisition Contracts (GWACs) and Multi-Agency Contracts (MACs)).
What is an IDIQ: An IDIQ is a list of pre-vetted vendors who a government agency can buy products and services from quickly a efficiently. Each IDIQ lists the products and services that can be purchased through that IDIQ and the specificity varies, but tends to be pretty precise. How long do they last: IDIQs typically last five years.
4 mar 2024 · Definition: An Indefinite-Delivery contract is a type of contract used by government agencies to procure goods or services when the exact quantity or timing of deliveries is uncertain. Purpose of an Indefinite-Delivery Contract (IDC)
