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(A) The contracting officer or other Formal specified by the head with the company establishes in composing, as Component of acquisition preparing, that many awards are not practicable.
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March 18, 201312 yr comment_17420 An IDIQ agreement needs to have some funding on it, even when in order to cover the assured bare minimum, Until, as is typical nowadays, the assured minimum amount was happy with the issuance of the main get. An option merchandise might or might not need funding, but it really cannot be "unpriced.
That is genuine. I had been assuming the minimum was contented upon award Which there was no minimal in Every single alternative year.
The assertion the creator debunked ("You won't have to obligate the minimum amount after you award an IDIQ deal. You may wait around until finally you concern an order to make obligations.") is incorrect apart from while in the quite restricted circumstance by which the minimum amount get is issued concurrently While using the award of The fundamental contract.
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