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Definite-quantity contract

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Definition Edit

A definite-quantity contract provides for the procuring activity to order a fixed quantity of goods or services from the vendor over the term of the contract.[1] Such contracts are used when the procuring activity knows that it will require a specific quantity of goods or services that are regularly available or will be available after a short lead time.[2]

References Edit

  1. 48 C.F.R. § 16.501-2(b)(1).
  2. Id. §16.502(b).

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