A Review Of IDIQ
A Review Of IDIQ
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I agree with what you're declaring, it can be a matter of what serves as the "obligation doc" to history the obligation.
“I think the services this firm provides are phenomenal and certainly needed for the duration of these instances – exceptional customer support!”
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That's real. I used to be assuming the minimum was happy upon award Which there was no minimal in Each and every solution calendar year.
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(two) suggests that an indefinite quantity contract can have possibilities. We need to workout the IDIQ selection. Considering that the IDIQ contract is unfunded as a whole (there won't be any resources necessary) will it abide by that consequently we don’t want any cash to training the choice? If there are no money essential on The bottom agreement does this indicate that there's no money determination to the IDIQ to validate cash for the choice and that the Option is unpriced or $0?