Per FMR Vol 3, Chapter 8 para 080604 "Where the quantity required under a contract is indefinite, the ultimate amount of obligation is determined by subsequent orders; the amount of any required minimum order specified in the contract, however, must be recorded as an obligation upon execution of the contract."
Question: In regards to the MACC contract, the minimum is $2000 and the maximum is $9M; there are multiple awards. In order to be compliant with the above, am I required to immediately issue a task order to each awardee for $2000 or does issuing a task order to one awardee for at least the minimum $2000 meet "an obligation upon execution of the contract"?