IDIQ definition

IDIQ means Indefinite Delivery/Indefinite Quantity.
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IDIQ means Indefinite Delivery, Indefinite Quantity.
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IDIQ means Indefinite-Delivery/Indefinite-Quantity. This is a type of contract that provides for an indefinite quantity, within stated limits, of supplies or services during a fixed period. The U.S. Government obligates and places Task Orders for individual requirements.
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Examples of IDIQ in a sentence

  • It is an Indefinite Delivery, Indefinite Quantity ("IDIQ") solicitation.

  • TIPS awards an IDIQ contract, where IDIQ is an abbreviation of the term “lndefinite Delivery/lndefinite Quantity”.

  • TIPS awards an IDIQ contract, where IDIQ is an abbreviation of the term “Indefinite Delivery/Indefinite Quantity”.

  • No offeror under the initial competition or an On Ramp competition for unrestricted multiple-award ID/IQ contracts will be prejudiced by the provisions of this clause, which are designed solely to enable the growth of small business concerns.

  • The award of Reserve CLINs 3100 - 3700 and/or 4100 - 4700, which permits a former small business concern to compete in the unrestricted multiple-award ID/IQ contracting pool, shall not have any effect on any On Ramp competition conducted under clause H103.

  • The opportunity to transition is not applicable to small business companion contractors unable to recertify as a small business concern because of a merger, acquisition, or any circumstance that requires the execution of a novation agreement under FAR Subpart 42.12; however those contractors may compete for award in the unrestricted multiple-award ID/IQ contract pool via the On Ramp provision under clause H103.

  • One is a set of unrestricted multiple-award ID/IQ contracts; the other is a set of multiple-award ID/IQ companion contracts exclusively for small business concerns to compete for task orders under the set-aside provisions of FAR Part 19.

  • In order to encourage growth and incentivize good performance, the Government has established an opportunity for the small business companion contractors that are unable to recertify as a small business concern based solely on internal growth to transition into the unrestricted multiple-award ID/IQ contract pool provided they meet certain criteria defined in Exhibit B, CDRL B001 and Section H, clause H140.

  • The number of former small business concerns that are added to the pool of unrestricted multiple-award ID/IQ contract holders under the terms and conditions of this clause, if any, shall be in addition to the number of awardees that resulted from the initial competition for unrestricted multiple-award ID/IQ contracts.

  • Indefinite delivery, indefinite quantity (IDIQ) contracts shall not be used to demonstrate compliance with this qualification.