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Special Types of Government Contracts Special types of government contracts cater to unique needs and requirements. These include Indefinite Delivery and QuantityContracts (IDIQ) and Incentive Contracts, each with its applications and nuances. What are IDIQ contracts?
Until recently, public owners have relied on a common approach of drafting conceptual drawings, commissioning quantity surveys, and buffering their budgets to allow for a percentage contingency. “Supply chain issues” has become an accepted catch-all term to explain a range of circumstances.
Considers all of the ways to meet a business need rather than just updating the prices, quantities and terms of the past and carrying them forward. In too many cases, Procurement has been conditioned to robotically execute Strategic Sourcing projects in response to a need expressed by the business.
The FAR is meticulously structured into subchapters, parts, subparts, sections, and subsections, providing detailed guidance for government procurement, from planning through contractmanagement to compliance and enforcement.
Do this with an eye for quality and quantity, ensuring they adhere to the requirements agreed upon in your contract. Explore how contractmanagement can help your company manage all contract processes in one place. . By carefully and consistently monitoring the goods and services you receive.
Nevertheless, the procuring agency contracting officer chose to require offerors to recertify their size in connection with the follow-on task order solicitation under the OASIS contract. GSA & VA Schedule Contracting Training for In-House Counsel, Oct. To register, click here.
GSA & VA Schedule Contracting Training for In-House Counsel, Oct. 29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! To register, click here.
They are designated to ensure small businesses are awarded a fair proportion of contracts, and are a key consideration for such businesses when navigating the federal contracting process.
Cost reimbursement contracts offer flexibility for unpredictable expenses, with variants that incentivize performance without financial hardship for contractors. Indefinite Delivery, Indefinite Quantity (IDIQ) contracts enable government agencies to adjust procurement according to evolving needs while managing uncertainty effectively.
Experienced government contractors must also be familiar with the various contracting vehicles used by federal agencies, including government-wide acquisition contracts (GWACs) and indefinite delivery/indefinite quantity (IDIQ) contracts.
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