StartseiteWhat Is A Basic Ordering Agreement

A basic purchase agreement may not stipulate or involve a government agreement to enter into future contracts or orders with the Contractor or to be used in any way to restrict competition. i) place orders under basic order contracts on optional form (OF) 347, order for deliveries or services or on any other appropriate contractual instrument; (3) The procuring entity shall not make a final commitment or authorize the contractor to commence work on a contract under a basic contract until prices are fixed, unless the contract sets a maximum price limiting the government`s obligation and step 1 establishes an agreement with all basic contractual provisions and prices or a final pricing method. .