A Review Of IDIQ
A Review Of IDIQ
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It may be. It will be suitable for mortuary products and services. I don't see the simplicity in the support currently being Significantly of a factor when choosing amongst IDIQ and demands.
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This does not mean that obligations are not developed or that obligations should not be recorded within the company's accounting data when IDIQ contracts are awarded.
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That's not necessarily appropriate. Some businesses established minimums for choice several years. In that scenario, exercising a choice obligates the government and an obligation need to be recorded at some time of the workout. You are able to do that by concurrently issuing a endeavor or delivery order.
I feel we are compelled to implement a DO/TO, in order to have the ability to properly report it to FPDS and for anyone agencies which have interfaces among the contract writing procedure along with the respective accounting method.
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In essence several needs contracts probably for the same service but which have a delineation the contractor only will get the requirement based on particulars that individual the shipping and delivery place out from being read more the same need sent some other place. Much more of pain, who appreciates but I've observed it carried out.