Glossary term
IDIQ
Indefinite Delivery/Indefinite Quantity — a multi-award contract that establishes terms under which agencies issue task or delivery orders.
An Indefinite Delivery / Indefinite Quantity (IDIQ) contract establishes terms, rates, and ceiling values between the government and one or more contractors. Actual work is ordered through task orders (services) or delivery orders (supplies) over the contract's period of performance. Multi-award IDIQs force holders to compete for individual task orders — so winning an IDIQ seat is only the beginning. Examples: OASIS+, CIO-SP4, SEWP VI, Alliant 2.
Categories
- contract-vehicles
Related terms
- Government-Wide Acquisition Contract (GWAC)A pre-competed IDIQ contract for IT that any federal agency may order from.
- Blanket Purchase Agreement (BPA)A simplified method for filling anticipated repetitive needs by establishing charge accounts with qualified sources.
- GSA ScheduleMultiple Award Schedule (MAS) — a pre-negotiated, long-term government-wide contract vehicle administered by GSA.