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March 18, 201312 yr comment_17420 An IDIQ deal should have some funding on it, regardless of whether just to protect the assured least, Unless of course, as is common as of late, the certain minimum was pleased with the issuance of the main order. A choice merchandise might or might not require funding, nevertheless it can't be "unpriced.
Which is correct. I had been assuming the bare minimum was satisfied upon award Which there was no bare minimum in each selection year.
The Significantly is mute on this certain topic. My future action is usually to Make contact with the KO but initial needed to read more pose my concern right here. I appreciate any enter/feedback you can offer. Concern: Can a Job Get incorporate an option period of time that would need for being exercised after The essential IDIQ has expired?
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(2) states that an indefinite amount deal can have alternatives. We prefer to exercise the IDIQ alternative. For the reason that IDIQ deal is unfunded in general (there are no money essential) will it abide by that consequently we don’t need to have any cash to training the choice? If there are no funds needed on the base contract does this necessarily mean that there's no financial commitment around the IDIQ to verify money for the option and that the Option is unpriced or $0?