Sign In
  • Question

    What is the best way to approach soliciting and awarding a contract to support the receipt of customer funds to their requirements?


    Answer

    Based on the description of your scenerio, it sounds like you have a situation that can be supported by an indefinite delivery contract per FAR 16.5.  This type of task order contract means a contract for services that does not procure or specify a firm quantity of services other than a minimum or maximum quantity.  If you opt to use an indefinite delivery, quantity contract (IDIQ) you will have to set forth a minimumn guarantee, but that can be based upon the inhouse funding for which you have more control.  Task orders can be either cost reimbursable or fixed price depending on how you structure the individual contract line items. The contract can also have options for outyear requirements.  Recommend you read FAR 16.504 for additional guidance.

    Open full Question Details