IDIQ contracts are more efficient than traditional supply contracts and therefore cost less money and time/resources. This is not to say that IDIQ contracts do not involve a long series of checks and balances and approval processes. In fact, there is a lot of market research before an IDIQ contract is awarded, and there are program offices dedicated to the process.  An IDIQ contract streamlines the contracting process, as negotiations can only be conducted with the selected company(ies) and these contracts are exempt from protests under Subpart 33 of the Federal Acquisitions Regulations. IDIQ orders are often processed by various U.S. government agencies, including the General Services Administration (GSA) and the Department of Defense.  They can take the form of multi-agency contracts under the Government-Wide Acquisition Contracts (GWAC) system or in the form of government-specific contracts.  In recent years, non-federal organizations have implemented the use of this terminology with respect to contract contracts and contract contracts. IDIQ contracts are most commonly used for on-demand service contracts, architect engineering (A-E) services, and contract contracts.
Premiums are usually valid for a certain number of base years with renewal options for subsequent years. As a general rule, these contracts do not have a total duration of five years. The government places orders for supplies (for supplies) or orders for tasks (for services) against a basic contract for individual needs. The minimum and maximum quantity limits are set in the basic contract either in quantities (for deliveries) or in dollars (for services). The government uses an IDIQ contract when it cannot predetermine the exact quantities of supplies or services it needs during the term of the contract beyond a certain minimum.   The exact dollar amounts for the minimum amounts must also be disclosed.  The IDC Services Contracts Database: Worldwide annual subscription provides a comprehensive sales support and competitive intelligence tool in the business services and software market. The database is updated in real time with the latest contract signatures for each country. The contracts included in the database are IT and business services contracts that help IDC customers grow their accounts. Upselling/cross-selling; penetration of certain industries and accounts; benchmarking in support of bid preparation and negotiations; Added analyses to develop sales territories, monitoring and evaluation of partners; the development of services or product offerings for certain expiring contracts; the development of service offerings for specific sectors; analysis of competitors` capabilities and footprint; and influencing service companies to include technology offerings (software, hardware and telecommunications).
For federal IT contracts, the use of gwac and IDIQ multiple allocation practices increased in the 1990s and beyond. Traditionally, products and services purchased under contracts awarded by GSA have been resold by GSA across the federal government. For example, GSA resold remote communications services, telephone equipment and professional services based on GSA IDIQ contracts with private providers. In addition, the GSA oversaw the acquisition of information technology by other executive agencies. Each of these purchases was intended for the organization that procured the procurement. In the early 1990s, the Commissioner of the Information Resource Management Service, Thomas J. Buckholtz, suggested that the GSA provide organizations with the opportunity to complete their purchases so that all organizations could purchase from the resulting contracts. At the beginning of 1993, twenty-four non-GSA projects continued to purchase GWAC. In 2006, a journalist estimated the total amount of GWAC`s ongoing activities at $290 billion, including outstanding contracts, tenders and planned purchases. [Citation needed] New offers are published in real time. This online database product provides an overview of the latest IT and business services contracts that have been signed and are about to be renewed.
In U.S. federal government procurement, IDIQ is an abbreviation for the term indefinite delivery/quantity. This is a type of contract that provides for an indeterminate amount of supplies or services over a certain period of time. The legal origin of IDIQ contracts is section 16.504(a) of the Federal Acquisition Regulation (FAR) (48 C.F.R. 16.504). IQPs are sometimes referred to as «task orders» or «packing slip contracts». IDIQ contracts are a subtype of the Open-ended Delivery Contract (CDI), which is a «vehicle awarded to one or more suppliers to facilitate the delivery of orders for supplies and services».  Our research addresses the following topics that are critical to your success: Parts of this text have been adopted from various U.S. government websites that are referenced. As works of the U.S.
government, text taken in this way is in the public domain. Accenture, Amdocs, Atos, Avaya, AWS, BT Group, Capgemini, CenturyLink, CGI, Cisco Systems, Cognizant, Datacom, Dell EMC, Deloitte Consulting, DXC Technology, Fujitsu, Google, HCL Technologies, Hewlett Packard Enterprise, Huawei Technologies, IBM, Infosys, KPMG, Leidos, Microsoft, NEC, Nokia Networks, NTT DATA, NTT Ltd., PwC, Oracle, SAP, Stefanini IT Solutions, TCS, Tech Mahindra, Telefónica, T-Systems, Unisys and Wipro The database provides comprehensive coverage of countries Activities in more than 175 countries around the world in all segments of the industry. .