Listen and Learn… Indefinite Contract? How can a contract be indefinite?

Indefinite contracts can be used when the Government knows exactly what it wants to buy, but not how much they’ll need or when they’ll need it. Discover three types of Indefinite Delivery con-tracts and learn why they can limit administrative costs for both Industry and Government if used wisely.

Kevin and Paul discuss common uses of indefinite contracts and why it is important to understand the meaning of “indefinite”. Learn why, for industry, an indefinite contract award can be a windfall or a disappointment.