Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
916.504 - 916.504 Indefinite-quantity contracts.
Link to an amendment published at 89 FR 89750, Nov. 13, 2024.

(c) The contracting officer shall establish minimum ordering guarantees with each awardee for all indefinite-quantity, multiple award contracts to ensure that adequate consideration exists to contractually bind each awardee to participate in the ordering process throughout the term of the multiple award contract. Minimum ordering guarantees should be equal among all awardees, and shall be determined on a case-by-case basis for each acquisition commensurate with the size, scope and complexity of the contract requirements.

[62 FR 53757, Oct. 16, 1997]
authority: 42 U.S.C. 7101
source: 49 FR 11972, Mar. 28, 1984, unless otherwise noted.
cite as: 48 CFR 916.504