what are indefinite delivery/indefinite quantity contracts?
Indefinite delivery, indefinite quantity contracts provide for an indefinite quantity of services for a fixed time. They are used when GSA can't determine, above a specified minimum, the precise quantities of supplies or services that the government will require during the contract period. IDIQs help streamline the contract process and speed service delivery.
IDIQ contracts are most often used for service contracts and architect-engineering services. Awards are usually for base years and option years. The government places delivery orders (for supplies) or task orders (for services) against a basic contract for individual requirements. Minimum and maximum quantity limits are specified in the basic contract as either number of units (for supplies) or as dollar values (for services).
should my business get an IDIQ?
Much like with BPAs, IDIQs generally not something a company can really go after, but something that an agency develops with a company after prolonged interaction with it. Where BPAs tend to be product-based (not always), IDIQs tend to focus more on services, but like BPAs, they tend to have heavy priority, and thus, can be quite potent. Due to the service-based nature of IDIQs, partnership with companies possessing them can be far more valuable than a partnership with a company holding a BPA.
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