IDIQ Contracts: More Acronyms

A final language challenge is that specific types of (Indefinite Delivery/Indefinite Quantity) IDIQs have their own acronyms. For example:

  • A Government-wide Acquisition Contract (GWAC) is a special type of IDIQ contract for acquiring information technology products and services approved by the Office of Management and Budget for use by any federal agency.

  • A Multiple Award Task Order Contract (MATOC) is an IDIQ type contract with multiple awards used by the military for acquiring facility design, construction, and maintenance services.

  • A Single Award Task Order Contract (SATOC) is an IDIQ type contract with a single award used by the military for acquiring facility design, construction, and maintenance services.

  • General Services Administration (GSA) Schedules are government-wide IDIQ contracts awarded for a wide range of commercial products and services. The government also refers to GSA schedules as Multiple Award Schedules and Federal Supply Schedules. Although confusing, the use of three terms to mean the same thing is probably not done on purpose. And the federal government wonders why some commercial companies are reluctant to play in the federal market. It can be an intimidating and confusing place, especially for the uninitiated.

This newsletter is an excerpt from Loading the Dice in DC, Legally: Learn the Politics and Realities of Federal Contracting by Fedmarket Founder and President, Richard White.
Download your complimentary copy - Click here.

Looking for IDIQ contracts? We have found them for you, preview Fedmarket's IDIQ Search Engine.

Get up to speed on IDIQs and don't miss out on the next big opportunity.  Fedmarket's offers the following IDIQ seminars:

Call Fedmarket's sales staff at 301 652 9504, Ext. 2 if you have questions concerning these or any other products or services Fedmarket offers.

Regards,
Richard White
President
Fedmarket
rwhite@fedmarket.com
888-661-4094, Ext. 125 (office)
301-908-0546 (cell)

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For inquiries, call 301 652 9504. Press 2.

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