It could be. It might be appropriate for mortuary companies. I do not begin to see the simplicity from the support staying A great deal of an element when deciding among IDIQ and demands.
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Beneath a specifications agreement, The federal government is just about about the hook to obtain their merchandise/companies from the vendor for the specified interval. There may be a "most" volume established where the Government is tied to get from the Vendor, and then The federal government could go somewhere else. Under an IDIQ, the Government requires to guarantee a least (and obligate that quantity at time of award), but isn't automatically tied to that vendor over and above the minimum amount.
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March 18, 201312 yr comment_17420 An IDIQ agreement needs to have some funding on it, even when only to address the guaranteed least, Unless of course, as is normal lately, the guaranteed least was pleased with the issuance of the primary order. An alternative item might or might not call for funding, however it cannot be "unpriced.
That's true. I used to be assuming the minimum was content upon award and that there was no minimum amount in Each and every possibility calendar year.
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The contracting officer really should establish an affordable utmost amount depending on current market research, developments on current contracts for related materials or solutions, survey of prospective end users, or another rational basis.
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