Q: What is an "indefinite delivery, indefinite qua
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Posted On: 08/30/2019 11:46:42 AM
Q: What is an "indefinite delivery, indefinite quantity" contract?
A: An indefinite-delivery, indefinite quantity contract is used to acquire supplies and/or services when the exact times and/or exact quantities of future deliveries are not known at the time of contract award.
https://www.gsa.gov/buying-selling/purchasing.../faqs#idiq
So I was correct on "on call - as required - quantity unlimited"
A: An indefinite-delivery, indefinite quantity contract is used to acquire supplies and/or services when the exact times and/or exact quantities of future deliveries are not known at the time of contract award.
https://www.gsa.gov/buying-selling/purchasing.../faqs#idiq
So I was correct on "on call - as required - quantity unlimited"
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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