The National Contract Management Association (NCMA) is hosting an interactive webinar on February 7th, 2013, discussing IDIQ contracts featuring BGOV Federal Business Analyst Brian Friel.
Multiple-award indefinite-delivery, indefinite-quantity contracts, or IDIQs, are now the primary federal purchasing method for technology and are increasingly central to professional services, construction, transportation and other categories. The proliferation of IDIQ contract vehicles in recent years has made it difficult for acquisition professionals in government to keep up with best practices and for potential bidders to track opportunities.
Understanding the operating principles of the IDIQ market can help government get value and also meet regulatory and legislative requirements and help industry maximize business.
Participants will learn about:
- How agencies are using IDIQs to comply with new regulatory and legislative requirements and administration mandates;
- Five operating principles driving IDIQ usage;
- How the life-cycle of IDIQs affects ordering behavior.