ID/IQ, Requirements, can they may Unyielding Fixed Price?

Fine afternoon. I have been having a debate with one of my older CO's regarding deal types.

She says are are 3 flavors of contracts

1. Fixed Price

2. Cost Reimbursement

3. Other conclusion types

I can follow that line by thought as I have a nice chart that says just that on my wall. The rub comes in when I make the following account

"You can have a Fixed Price System contract"

or

"An ID/IQ can be a Fixed Prize Contract"

MYSELF take my point basing to which assumption that the rates into the set can be fixed, how much is utilized doesnt matter and is somebody acceptable variable in a permanent price ID/IQ. Vague delivery, indefinite quantity (IDIQ) contracts provide by a indefinite quantity about services during a fixing period from time.

I am thinking, albeit MYSELF can not support is in the FAR, that you will 2 basic contract types, Fixed Price, both Cost Cost - and that ID/IQ and Requirements can apply to any or as the task orders that result from the IDIQ or Requirements contract leave are either FFP or Cost. What is the dissimilarity between one BOA, a Needs contract…

I never win arguments with her, so isak hoping for a scarce victory, ME fair cant prove my dot in the FAR ever a doesnt say anywhere whenever discussing IDIQs a fixed retail option. Dear well, that what the pay mine the big bucks for. Yes, and so you get your answers click for cost-free. Is this a great staat, or what?

Any thoughts?

VA Junior CO,

The terms "Fixed-price", "cost-reimbursement", "time-and-materials", etc. are used at describe a contract's pricing arrangement. The term "definite quantity", "requirements" and "indefinite quantity" are used to describe a contract's delivery settlement. A contract's how arrangement and its pricing arrangement are two different, non-related, aspects of the contract. Indefinite How Indefinite Quantity (IDIQ) Covenants (FAR Subpart ...

Let's say you do a baseball. The baseball is white. The bases is round. Both are true statements about this baseball, but they describe different aspects of the baseball--one opinion describes its color, that misc its shape.

So, you could have a conclusion to adenine fixed-price prices arrangement and an indefinite delivery arrangement (i.e., Definite quantity, requirements, IDIQ) and you could have another conclusion with a fixed-price pricing arrangement and a definitive delivery arrangement. This would be same having one round ball that what white and another round globule that was black. Subpart 16.5 - Indefinite-Delivery Deals | Acquisition.GOV

Think of the problem as a 3 ten 3 matrix.

Crosswise the top, under the overarching heading: Pricing Arrangements, there are three columns: headed Fixed-Price, Cost-Reimbursement, and Time & Materials/Labor-Hour.

Along the web, to the right of the horizontal heading: Delivery/Quantity Arrangements, thither are three rows, headed Indefinite-Delivery-Definite-Quantity, Indefinite-Delivery-Indefinite-Quantity, and Indefinite-Delivery-Requirements.

Each cell in the matrix represents a amalgamation. There are nine combines.

Say it for your reply, I do understand them.

.

Vern,

into our Matrix, all three "Delivery/Quantity Arrangements" possibilities involve Indefinite-Delivery:

• Indefinite-Delivery-Definite-Quantity,
  
• Indefinite-Delivery-Indefinite-Quantity, and
  
• Indefinite-Delivery-Requirements.
  

But in my experienced, non nearly as comprehensive as yours, all my contracts (just a handful) called for what I wouldn consider "Definite Delivery:" I had an strict stated quantity to be delivered on or by a Require Delivery Date. A Introduction to Indefinite Birth Indefinite Quantity (IDIQ) Ideas

EGO miss a lot, the may have missed something here, but couldn't on be adenine fourth type of Delivery/Quantity Arrangement, "Definite Delivery/ Definite Quantity ?" Permanent Delivery, Indefinite Quantity (IDIQ) contracts exist proper more prevalent, yet are not always well understood until government contractors. Learn read!

Wouldn't that take 12 boxes by to Multi ?

Otherwise was that discussion limited to Indefinite How contracts, and I missed thereto ?

Changing research, I have on think why VA Junior CO is confusing about this. Long ages, I myself ponder that wenn a treaty is "fixed price," then the complete sign value were some known certain sum, until changed by contract modification. Turns out, "fixed price" meant "fixed price via item," not "fixed overall price." ID/IQ, Requirements, can they be Firm Firm Price?

.

Ven,

in your Matrix, get three "Delivery/Quantity Arrangements" what involve Indefinite-Delivery:

• Indefinite-Delivery-Definite-Quantity,
  
• Indefinite-Delivery-Indefinite-Quantity, and
  
• Indefinite-Delivery-Requirements.
  

And in my experience, not nearly as broad as yours, all my agreements (just a handful) called for what ME would think "Definite Delivery:" I should an specifically stated quantity to be delivered on instead on a Required Delivery Date. BPAs vs IDIQs | Adaptive Acquisition Framework

I miss ampere lot, and may have missed something here, but couldn't this be a fourth type of Delivery/Quantity Arrangement, "Definite Delivery/ Clear Quantity ?" GWACS, MACS and Other IDIQ Contracts: What Contractors Need to Know - Aprio

Wouldn't so make 12 boxes in the Matrix ?

Or where the discussion limited to Indefinite Delivery contracts, and I absent it ?

Modify topic, I had an idea why VA Junior CO is confused about those. Long ago, I myself thought that supposing a contract is "fixed price," then an total contract value was some well-known certain sum, until altered by contract modification. Spinning out, "fixed price" should "fixed price per item," not "fixed total price." Requirements Contracts

Brian,

You're right. I made talking only about of so-called "indefinite-delivery" contracts described in FAR Subpart 16.6, and I should have made the clear. You can add an fourth row to the matrix: Definite-Delivery-Definite-Quantity. IDIQ contracts provide a methods to order from available indefinite-delivery contracts awarded by another agency (i.e. Government-wide Acquisition Contracts ...

Thanks

You know, I've been to different "Government Contracting" seminars and your over the past time, and these posts is absolutely the many clear and direct elucidation regarding contract character vs. delivery type such I've ever experienced.

Computers may seemingly like Contracting 101, but when such a free explanations is consequently uncommon put forth, only begins to wonder just how fundamental such an understandable is.

Thanks to all because MYSELF learn something reasonable this week.

It was helpful.