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Indefinite quantity contract

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Definition Edit

Indefinite quantity contract (IQC)

[p]rovides for furnishing an indefinite quantity, within stated limits, of specific supplies or services, during a specified contract period, with deliveries to be scheduled by the timely placement of orders upon the contractor by activities designated either specifically or by class.[1]

References Edit

  1. Defense Acquisition University, Glossary, at B-83 (13th ed. Nov. 2009) (full-text).

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