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Showing results for tags 'Minimum Ordering Amount'.
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I have a fairly straightforward question regarding the use of funds obligated against an IDIQ contract at time of award when no order was issued concurrently with the contract. If, for example, I establish a minimum ordering amount of $1,000 on the base IDIQ contract, how do I use those funds when I finally award a task order? Do we deobligate the $1,000 from the base and obligate $1,000 on the task order? Or do we simply leave the funds on the base and find new money for the task order? I ask because I don't think I can pay an invoice for an order using funds obligated against the base without first "moving" the funds from the base to the order. If the proper method is to deobligate the funds from the base and then obligate an equal amount of funds on the task order, what happens if the funds used on the base were part of an annual appropriation that is no longer available for obligation? In other words, suppose the base IDIQ is awarded on September 1 FY'13 and funded with an FY'13 annual appropriation, then a new order is awarded on October 15th, FY'14. Although the funds on the base are good until September FY'14, one would not be able to use those funds once they're deobligated for the purpose of "moving" them to the task order. Once deobligated in FY'14 the funds are no longer available for use. Is the money "stuck" or "lost" on the base? One last consideration; how is this reflected in FPDS?