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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.