IDIQ and Mulityear Contracting
Started by toofargone · Jan 5, 2011 · 3 replies
- tOriginal post
toofargone
Jan 5, 2011 · 15y ago
I would like to issue a solicitation for an IDIQ contract with a 5 year base ordering period. My supervisor believes that we would have to comply with FAR 17.1, multiyear contracting, to do so, including the provisions on cancellation ceilings. To me, this seems contrary to the idea that in an IDIQ you are only obligated to order the guaranteed minimum. Are IDIQs considered multiyear contracts subject to the requirements of FAR 17.1?
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Guest Vern Edwards
Jan 5, 2011 · 15y ago
No. Read FAR 19.104(a). An IDIQ contract is an "indefinite" quantity contract. A multi-year obligates the government to buy "known" requirements for a period of up to five years. It allows the government to obligate itself in advance of appropriations. An IDIQ contract does not.
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Don Mansfield
Jan 5, 2011 · 15y ago
toofargone,
I think Vern meant FAR 17.104(a).
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Guest Vern Edwards
Jan 6, 2011 · 15y ago
Yep. Thanks.