What Are IDIQ Contracts? Contracts of this type provide indefinite quantities of products or services for a fixed period. IDIQs requires that Contracting Officers (COs) determine a minimum quantity, a reasonable maximum quantity, a fixed period, and a Statement of Work (SOW). However, reasonable thresholds are still established for contractors for IDIQ contract vs FFPContinue reading “IDIQ VS FFP Is Crucial To Your Business. Learn Why!”