FAR 16.502

Definite-quantity contracts.

(a) Description . A definite-quantity contract provides for delivery of a definite quantity of specific supplies or services for a fixed period, with deliveries or performance to be scheduled at designated locations upon order. (b) Application . A definite-quantity contract may be used when it can be determined in advance that- (1) A definite quantity of supplies or services will be required during the contract period; and (2) The supplies or services are regularly available or will be available after a short lead time.

Source: acquisition.gov — FAR

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