What is indefinite delivery vehicle?

Definition. An Indefinite Delivery Contract (IDC) is a vehicle that has been awarded to one or more vendors to facilitate the delivery of supply and service orders. An Indefinite Delivery Vehicle (IDV) is established by an award from the FSS, GWAC, BOA, etc.

What are the three types of indefinite delivery contracts?

(a) There are three types of indefinite-delivery contracts: definite-quantity contracts, requirements contracts, and indefinite-quantity contracts.

What is a indefinite quantity contract?

An indefinite-quantity contract provides for an indefinite quantity, within stated limits, of supplies or services during a fixed period. The Government places orders for individual requirements. Quantity limits may be stated as number of units or as dollar values.

What do indefinite delivery contracts offer?

Indefinite delivery, indefinite quantity contracts provide for an indefinite quantity of services for a fixed time. They are used when GSA can’t determine, above a specified minimum, the precise quantities of supplies or services that the government will require during the contract period.

What is IDV type?

Indefinite Delivery Vehicle (IDV) Type – IDVs represent different types of ordering instruments under which federal agencies may place delivery/task orders or blanket purchase agreement (BPA) call orders.

When should you use an IDIQ contract?

IDIQ contracts are most often used for service contracts and architect-engineering services. Awards are usually for base years and option years. The government places delivery orders (for supplies) or task orders (for services) against a basic contract for individual requirements.

What is the difference between a delivery order contract and a task order contract?

A Task Order is issued for the performance of tasks/services. A Delivery Order is issued for the delivery of products/supplies.

What is IDV in government contracting?

“Indefinite delivery vehicle (IDV)” means an indefinite delivery contract or agreement that has one or more of the following clauses: (1) 52.216-18, Ordering. (2) 52.216-19, Order Limitations.

What does indefinite delivery vehicle ( IdV ) mean?

“Indefinite delivery vehicle (IDV)” means an indefinite delivery contract or agreement that has one or more of the following clauses: (1) 52.216-18, Ordering.

What is the definition of an indefinite delivery contract?

Indefinite Delivery Contract. Definition. An Indefinite Delivery Contract (IDC) is a vehicle that has been awarded to one or more vendors to facilitate the delivery of supply and service orders. An Indefinite Delivery Vehicle (IDV) is established by an award from the FSS, GWAC, BOA, etc.

What does indefinite delivery indefinite quantity ( IDIQ ) mean?

Contracting Cone Indefinite Delivery Indefinite Quantity (IDIQ) FAR Part 16.5 IDIQ contracts provide a method to order from existing agency indefinite-delivery contracts as well as contracts awarded by another agency (i.e. Government-wide Acquisition Contracts (GWACs) and Multi-Agency Contracts (MACs)).

What’s the difference between a car and a definitive contract?

“Contract action report (CAR)” means contract action data required to be entered into the Federal Procurement Data System (FPDS). “Definitive contract” means any contract that must be reported to FPDS other than an indefinite delivery vehicle.