16.502 Definite-quantity contracts.
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(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.
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