(2) To ensure that the contract is binding, the minimum amount quantity needs to be greater than a nominal quantity, but it really must not exceed the amount that The federal government is quite sure to purchase.
Chapter seven with the GAO Redbook (p 7-17) states "Inside a variable amount deal (necessities or indefinite-quantity), any essential minimal acquire should be obligated if the agreement is executed..." That necessity is fulfilled through the concurrent issuance of the initial order meeting the least; Take note the GAO does not explicitly point out the bare minimum should be obligated on the contract, only that it needs to be obligated if the deal is executed. Presumably, if the GAO meant to make the former assertion, it would've.
(iii) Just one resource is experienced and effective at accomplishing the get the job done at an inexpensive price tag to The federal government; or
(ii) Specify the full minimal and maximum quantity of materials or solutions The federal government will acquire beneath the contract;
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It will not obligate any funding over the Governments behalf, it just indicators the intent that the Government contains a requirement for regardless of what that CLIN is to the time period for which it's executed.
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