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#147676

Don Mansfield
Participant

Your assertion that an IDIQ contract is nonbinding is incorrect. There’s no such thing as a nonbinding contract under the FAR. FAR 2.101 defines “contract” as “a mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them.” In an IDIQ contract, the buyer is required to purchase a minimum quantity of supplies or services and the seller is required to furnish the supplies or perform the services, as ordered, up to the stated maximum quantity. See FAR 16.504(a).