5 Essential Elements For IDIQ
5 Essential Elements For IDIQ
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I concur with what you are saying, it truly is a question of what serves given that the "obligation document" to record the obligation.
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Each time a contracting officer awards an IDIQ agreement, she has obligated the Government to get the agreement least. She has established an obligation. When that very same contracting officer cites a lengthy line of accounting (made up of the appropriation citation) in addition to a greenback amount on the award document, she has recorded an obligation (when she distributes the award doc to her accounting Business, they will record the obligation within the agency's guides).
The contracting officer should consider the subsequent when pinpointing the quantity of contracts being awarded:
In essence multiple demands contracts perhaps for the same services but that have a delineation which the contractor only will get the necessity according to particulars that individual the shipping and delivery place out from becoming the same need sent elsewhere. More of agony, who is familiar with but I have seen it finished.