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Showing results for tags 'FFP with IDIQ Hybrid'.
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I have been unable to find anything supporting this approach, nor have I found anything actually prohibiting it. I would like to canvass the professionals out there in the event someone has experience one way or the other: Contract will include FFP (fully-funded) Base CLINs, with option periods of performance (up to five years). Contract also will include FFP IDIQ CLINs for supplemental support hours (just in case). Question: Must IDIQ CLIN be associated with each period of performance, have min guarantee/max estimate, and be exercised each year? Or, can IDIQ CLIN be exercised with minimum guarantee at base award and remain open for use throughout the life of the contract? (subject to getting a firm fixed price for this lengthy period). Any feedback, lessons learned, gentle guidance, or good jokes will be appreciated. E
