§16.502. Definite-quantity contracts.
48 C.F.R. § 16.502
Description. A definite-quantity contract provides for delivery of a definite quantity of specific supplies or services for a fixed period, with deliveries or performance to be scheduled at designated locations upon order.
Application. A definite-quantity contract may be used when it can be determined in advance that (1) a definite quantity of supplies or services will be required during the contract period and (2) the supplies or services are regularly available or will be available after a short lead time.
Notes, amendments, and revision history
Amendments
[48 FR 42219, Sept. 19, 1983, as amended at 60 FR 49725, Sept. 26, 1995]
Authority
Authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42219, Sept. 19, 1983, unless otherwise noted.
Amendments
[48 FR 42219, Sept. 19, 1983, as amended at 60 FR 49725, Sept. 26, 1995]