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Open Requirements


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Would someone please be so kind as to define the term ?open requirements? Context: ??The data reflected that there were seven open requirements against bins X, Y, and Z. There were no open requirements against bin A, but there was one back order noted against bin B. All requirements have been placed on PO.?

Thanks

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I'm guessing from your descriotion it means "active" or "live" requirements offerors or contract holders can compete on. It sounds an agency awarded multiple IDIQ contracts for a variety of of types of services (bins). When a new need exists for one of those services (bins), an RFQ is issued and you can respond.

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