FAR AFFECT ON IDIQ CONTRACTS

FAR Affect on IDIQ Contracts

Abstract

Indefinite delivery/indefinite quantity (IDIQ) contracts provide for an indefinite quantity of services during a fixed period of time. They are used when agencies can't predetermine, 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. The process of federal acquisitions can vary greatly depending on the activity that leads the complexity of the acquisition, the dollar thresholds involved, whether the acquisition is for a strong federal system, such as a weapons system, the need special credits such as the nearly 100 appropriations included in the Defense Department than annual appropriations act (for example, funds military construction funds for the supply of weapons, other fund provision etc..), the type of acquisition (e.g., services, supplies, equipment), type of contract (e.g., fixed price, cost reimbursement, cost plus, etc..).

Table of Content

Introduction4

IDIQ Contracts5

U.S. Constitution6

Anti Deficiency Act (ADA)7

Federal Acquisition Process10

A variety of factors used in federal acquisition:11

Planning the acquisition - the first step13

Conclusion15

FAR Affect on IDIQ Contracts

Introduction

In contrast to definite quantity and the contract requirements set by the Federal Acquisition Regulation, indefinite quantity contract to deliver variable was ridiculed (Job Order Contract) or TOC (task order contract) is known, is defined as: "to provide unlimited amount of goods or services specified restrictions, shall be provided at a fixed time limit, delivery or performance of orders placed with the contractor arrangements. On the contrary, the quantity and contract requirements, can be used when the IDIQ contract, the Government cannot predetermine the above, goods or services defined minimum will be required in the contract period, which is not desirable to submit the exact number of the lowest in more than the government itself. Thus, a contract officer (government agencies) on behalf of the Administration to provide public documents, any person who is contracted staff review the contract.

Each one representing its own interests, could in any way, he hoped that the benefits flow from the contract binding, and he knows it. In essence, the law allows the trust of every other party the existence of the right set up to make a binding contract. Of course, in this case also involves many nuances, but generally speaking, the law is conducive to the creation of commercial contracts, to facilitate business. (Murphy, 2005)

IDIQ Contract

IDIQ contract is an acronym, meaning an indefinite delivery / Indefinite Quantity. This is an unlimited supply or service type of contract for a fixed period of time. IDIQ contract, the origin of the law from the Federal Acquisition Regulation (Far), p. 16501 (a) amended.

IDIQ contract is the most frequently used in maintenance contracts and technical architect (AE) services. The award is usually located in the reference year as well as the option years. Minimum and maximum amount stipulated in the contract, based on the unit (supplies), or as a dollar (services) the number of values. The Government adopted the IDIQ contract is not predetermined, higher ...