This training course shows you how to win the right multiple award indefinite delivery vehicles (IDV) and win task orders on those vehicles.
Today, the name of the game in winning government contracts is getting the right portfolio of IDVs. This is how the government prefers to get companies under contract.
Multiple award IDVs (that include Indefinite Delivery Indefinite Quantity (IDIQ) contracts, GSA schedules, BPAs, and various ordering agreements) are awarded to limited groups of government contractors that bid against each other for task orders (also called delivery orders, call orders, and so on). Once awarded, IDVs enable companies to grow quickly because they can win task orders within weeks, as opposed to winning single-award contracts that may take months or years.
According to Bloomberg Government analysts, here are some multiple award indefinite delivery contracts facts to ponder: