What is an Indefinite Delivery Vehicle (IDV)?
An Indefinite Delivery Vehicle (IDV) is a type of government contract framework that allows for the procurement of goods or services on an as-needed basis over a specified period. IDVs are designed to provide flexibility and efficiency in government procurement by facilitating multiple orders under a single contract vehicle. This approach is particularly beneficial for projects where the exact timing and quantity of requirements cannot be predetermined.
Types of Indefinite Delivery Vehicles
IDVs encompass several contract types, each serving specific procurement needs:
- Indefinite Delivery/Indefinite Quantity (IDIQ): Provides for an indefinite quantity of supplies or services during a fixed period, with delivery or performance to be scheduled through task or delivery orders.
- Blanket Purchase Agreements (BPAs): A simplified method of filling anticipated repetitive needs for supplies or services by establishing “charge accounts” with qualified sources of supply.
- Government-Wide Acquisition Contracts (GWACs): Pre-competed, multiple-award, indefinite delivery contracts that agencies can use to buy total IT solutions.
- Multiple Award Schedules (MAS): Also known as the GSA Schedules, these are long-term government-wide contracts with commercial firms to provide access to millions of commercial products and services at volume discount pricing.
Benefits of Indefinite Delivery Vehicles
IDVs offer several advantages for both government agencies and contractors:
- Flexibility: Allows agencies to procure goods and services as needs arise, accommodating changes in demand and project requirements.
- Efficiency: Streamlines the procurement process by reducing the need for multiple solicitations and contract awards, saving time and resources.
- Cost Savings: Enables bulk purchasing and economies of scale, potentially reducing costs for the government.
- Simplified Management: Facilitates easier management and oversight of contracts, as multiple orders can be placed under a single contract vehicle.
