Indefinite-delivery contracts have become the new catch phrase for federal and even state procurement over the past ten years, albeit the upswing in IDIQs (one of three indefinite-delivery contracts) began in the late 1990’s; and . . . the indefinite-delivery contract phenomena hasn’t reached its ultimate crescendo. More and more, procurement is remedied through IDIQs for government (federal, state, local) acquisition opportunities. This reality was widely discussed among government procurement circles in the mid-2000’s and as usual, the industry often becomes wrapped in the hub-bub of a topic while the Federal Acquisition Regulation (FAR) is not cited as much as pundits and gurus regard the topic itself at the water cooler of contracting. Largely, the IDIQ aspect of FAR 16.5 is the most recognized.
So, what is an indefinite-delivery contract?
Learn more on the Washington DC Government Business Examiner at: http://www.examiner.com/article/living-indefinite-delivery-contracts-through-understanding-the-far.
About the Author: Ms. D.L. Quesinberry, Founder and CEO of a woman-owned small business, Donna often referred to as ‘Q’, manages two business arms in publishing and business development industries. She has remained an active consultant in the Washington DC area for over 15 years. She served as a Junior Lobbyist for multiple associations involved in Global Climate Change. Additional roles have involved securities trading execute administration, vice president of business intelligence, proposal director, vice president of business development and varied other pursuits deploying an extensive accreditation history: business administration, computer sciences, court reporting, intl. affairs (Eastern Europe/Middle East), technical communication, and etc. Q is a single mother of five success-driven adults resides in Carthage NC and is a native of metropolitan Washington DC (DC/MD/VA). Contact her at: GBE@donnaink.com.