Indefinite quantity contract definition
Indefinite quantity contract means a fixed price contract that:
Indefinite quantity contract means a fixed price contract for an indefinite amount of procurement items to be supplied as ordered by the District and does not require a minimum purchase amount, or provide a maximum purchase limit;
Indefinite quantity contract means a contract which requires the contractor to furnish an indeterminate quantity of specified services, items of tangible personal property or construction during a prescribed period of time at a definite unit price or at a specified discount from list or catalogue prices.
More Definitions of Indefinite quantity contract
Indefinite quantity contract means a fixed price contract that both (a) is for an indefinite amount of procurement items to be supplied as ordered by the District; and (b) either does not require a minimum purchase amount or provides a maximum purchase limit.
Indefinite quantity contract means a contract the State Purchasing Director or a state agency establishes based on historical usage of a service or product rather than a specified quantity of said service or product and which does not obligate the State to purchase any certain amount.
Indefinite quantity contract means a contract the State Purchasing Director, CIO, or a state agency establishes based on historical usage of a service or product rather than a specified
Indefinite quantity contract means a contract for an
Indefinite quantity contract means a fixed price contract that both (a) is for an
Indefinite quantity contract means a contract the A&M CPO establishes based on historical usage of a service or product rather than a specified quantity of said service or product and which does not obligate the institutions to purchase any certain amount.
Indefinite quantity contract means a fixed price contract that both (a) is for an indefinite amount of procurement items to be supplied as ordered by the District; and