What criteria must be met for a contract to be an "Indefinite Delivery Indefinite Quantity" (IDIQ)?

The criteria for a contract to be classified as "Indefinite Delivery Indefinite Quantity" (IDIQ) primarily revolves around its structure and flexibility in meeting government needs. The correct choice indicates that an IDIQ must provide for an indefinite quantity of supplies or services during a fixed period. This means that while the exact quantity and timing of deliveries are not predetermined, the contract establishes a framework within which the government can request goods or services over a specified time frame, allowing it to respond to varying demands efficiently.

This flexibility is essential for government procurement, as it allows agencies to acquire the necessary supplies or services without the need for a new procurement process each time a requirement arises. The IDIQ contract structure also enables the government to place orders as needed, thus efficiently managing its resources and budgets.

The other options do not align with the fundamental nature of IDIQ contracts. For instance, requiring a single delivery of goods or services does not reflect the IDIQ format, which is inherently designed to accommodate multiple requests. Additionally, while multiple contractors may compete in some contexts, it is not a requirement for an IDIQ contract. Lastly, while specific monetary thresholds may exist for certain procurement scenarios, they do not pertain directly to the IDIQ's definition or criteria