Procurement reference

IDIQ (Indefinite Delivery / Indefinite Quantity)

An IDIQ is a contract vehicle for an indefinite quantity of work over a fixed period, under which the government issues individual task or delivery orders as needs arise.

Overview

All terms

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What it means

Winning a seat on an IDIQ is winning the right to compete for orders, not guaranteed revenue. Multiple-award IDIQs create a pool of vendors who then bid on task orders.

Related terms

Words that travel together.

GSA Schedule / MAS (Multiple Award Schedule)

BPA (Blanket Purchase Agreement)

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