CONTRACT MINIMUM. The minimum obligation under any awarded contract is $500.00 for the life of the contract, including any options. When the minimum guarantee amount of $500.00 is satisfied through subsequent placement of a competitively awarded task order, the Government has the unilateral right to de-obligate the funding. The contract holder may not invoice for this amount without the written consent of the Contracting Officer. Contract holders who do not submit a proposal for any task order competition opportunities over the base five year ordering period will not be authorized to invoice for the minimum guarantee. MAXIMUM RATES
CONTRACT MINIMUM. MAXIMUM The minimum guaranteed amount for each award will be $2,500. Orders beyond the minimum will be determined by user needs and the results of fair opportunity competitions. The exercise of the option period does not re-establish the contract minimum. The Government has no obligation to issue task orders to the Contractor beyond the minimum amount specified above. While the awarded contractors will receive the minimum, it is intended that the contractors will compete for that amount under the contract’s fair opportunity procedures. If at the end of the base period of the contract, a contractor has not been awarded a task order(s) of at least $2,500 in total value, the program office may direct awards to meet the contractual obligation pursuant to FAR 16.505(2)(iv). The maximum cumulative dollar amount that may potentially be awarded, to all contractors combined, is $5 Billion
CONTRACT MINIMUM. During the contract period, the Government shall place orders for a minimum of K10, 000. This is the contract minimum for this period of performance.
