Contract Summary

This document is an Indefinite Delivery, Indefinite Quantity (IDIQ) contract award issued by the North Carolina Department of Administration under the statewide contract vehicle CN-700000-26166. The contract involves the state of North Carolina, the North Carolina Department of Administration, and establishes a framework agreement for goods and/or services to be procured by authorized state agencies, local governments, and educational institutions across North Carolina and potentially other states through cooperative purchasing agreements.

The contract establishes pricing, terms, and conditions for the supply of specified goods or services with an indefinite quantity structure, allowing participating entities to place orders as needed throughout the contract period. The agreement includes defined pricing schedules, applicable discounts, and payment terms negotiated at the time of award. The contract typically includes option periods for renewal or extension, allowing for continuity of service or supply relationships beyond the initial term. Specific details regarding the contract value, set-asides for small businesses or disadvantaged vendors, delivery requirements, and performance standards are established within the pricing and statement of work sections, enabling multiple public entities to leverage the negotiated terms through individual purchase orders placed against the master contract agreement.