Q: What is a multiple award contract, and why is i
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Posted On: 08/30/2019 11:50:20 AM
Q: What is a multiple award contract, and why is it better than other contract types?
A: A multiple-award contract confirms that multiple companies have the basic qualifications to perform a general type of work. This type of contract puts into effect the government’s preference for multiple awards for IDIQ-type contracts in order to maximize competition and choice for specific supplies and services.
Q: You contend that this approach will save me time and resources. How is that possible with nine firms to learn about and choose from?
A: The contact center services industry is competitive. It is not uncommon for you to receive bids from more than 20 vendors if the procurement is done through a full and open competition process. The amount of time and resources needed to support a procurement effort through a full and open competition process is greater than through the streamlined competition process our new approach affords.
https://www.gsa.gov/buying-selling/purchasing...faqs#multi
A: A multiple-award contract confirms that multiple companies have the basic qualifications to perform a general type of work. This type of contract puts into effect the government’s preference for multiple awards for IDIQ-type contracts in order to maximize competition and choice for specific supplies and services.
Q: You contend that this approach will save me time and resources. How is that possible with nine firms to learn about and choose from?
A: The contact center services industry is competitive. It is not uncommon for you to receive bids from more than 20 vendors if the procurement is done through a full and open competition process. The amount of time and resources needed to support a procurement effort through a full and open competition process is greater than through the streamlined competition process our new approach affords.
https://www.gsa.gov/buying-selling/purchasing...faqs#multi
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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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