For those who target the Federal Market Space, one key to success is the accumulation of Indefinite-Delivery Indefinite Quantity (IDIQ) contract vehicles and their proper promotion. These are typically awarded to several companies who then compete for task orders issued against them. The benefit to the government is a reduction in cost, administrative effort, the ability to consolidate acquisitions, and distribution of solicitations to a known pool of contractors.
IDIQs may take a number of forms. For example, the General Services ...Continue Reading →