ID/IQ (Indefinite Delivery/Indefinite Quantity)

Indefinite Delivery/Indefinite Quantity (ID/IQ) is a contract type used in government procurement to purchase any combination of supplies, services, and construction over a predetermined period of time. Through an ID/IQ contract, buyers enter into an agreement with one or more suppliers that allows for the ordering of items within an established range of specific requirements based on quantity, quality, terms, and delivery schedule. The benefit of this type of agreement is that it offers buyers greater flexibility by enabling them to order all types of goods without issuing additional solicitations. Furthermore, the fixed components of the contractual agreement – such as performance guidelines and price ceilings – ensure that consistently high-quality materials are delivered at fair prices.