Bradley attorney Aron Beezley was quoted in Construction Dive on the use of indefinite delivery/indefinite quantity (IDIQ) contracting. Typically, the city, state or federal government will issue a solicitation or request for proposal (RFP) for contractors interested in becoming IDIQ contractors. Of those, a certain number are approved based on their qualifications and ability to provide the anticipated services.
"Most initial RFPs to become part of the pool of IDIQ contractors contain a 'seed' project that serves as the basis of the price competition for evaluating the offers on the master contracts," said Beezley. After the IDIQ pool is determined, contractors submit price proposals for each subsequent task order as the need arises. The winning firm for each task order then enters into a contract based on their bid.
The complete article, “The Dotted Line: Understanding IDIQ contracting’s win-win potential,” appeared in Construction Dive on September 19, 2017.