Section 16.9 Funding the Contract
| Library | Construction Law 2016 Supp |
3. (§16.9) Funding the Contract
Although the agency is required to fund the minimum quantity order under the contract at the time of award, this timing may vary under certain facts and circumstances, particularly when the contract involves the issuance of multiple delivery orders under one umbrella JOC or TOC. One authority providing guidance on this point states:
A fairly simple generalization can be deduced from the decisions: In a variable quantity contract (requirements or indefinite-quantity), any...
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