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                            16.502 Definite-quantity contracts.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart16.016.116.216.316.416.516.616.7
Section16.50016.50116.50216.50316.50416.50516.506
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16.502 Definite-quantity contracts.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.    **Parent topic:**  Subpart 16.5 - Indefinite-Delivery Contracts
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