An Indefinite Delivery, Indefinite Quantity (IDIQ) contract has no guaranteed total quantity of services or products that will be acquired. There may be a guaranteed minimum quantity, or an estimated minimum/maximum quantity listed in the contract. The agency will issue Task Orders against the IDIQ contract on an ‘as-needed’ basis.
| IAW | In Accordance With
When referencing drawings, specifications or standards |
| IDEAS | Interior Department Electronic Acquisition System
Dept of the Interior procurement site. |
| IDIQ | Indefinite Delivery, Indefinite Quantity
There is no guaranteed total quantity of services or products that will be acquired. There may be a guaranteed minimum quantity, or an estimated minimum/maximum quantity listed in the contract. The specific time for delivery is also not specified. |
| IFB | Invitation for Bid.
Sealed Bidding. This type of solicitation describes exactly what the government requires and how offers will be evaluated. |
| IFF | Industrial Funding Fee
Used to pay GSA for the administration of the Federal Supply Schedules program. Currently 0.75% is added to your GSA price. You must add the IFF to your schedule prices, and pay the IFF quarterly based on your contract sales. (see 72a) |