Earlier, Gauthier had stated that RDC has secured four multi-year blanket contracts
representing an aggregate value of $105 million.
These are large blanket contracts
similar to indefinite delivery/indefinite quantity (ID/IQ) contracts, which are intended to cover repetitive projects.
However, small contractors may have difficulty sharing in this work because multiple system operators are increasingly seeking to establish master agreements with larger contractors to provide Services under blanket contracts
at fixed prices.
This program supplements local stocking of these same styles, allowing increased local stocking of special styles needed for specific territory requirements or blanket contracts
GTA provides the financial coordination and banking for the blanket contracts
between FibrLink and Glen Canyon.
Ordinance authorizing the award of blanket contracts
for mini-bulbs, sealed beam headlamps, fluorescent bulbs, truck lamps, sensors and reflectors
Frequently, existing term or blanket contracts
are simply renewed and not bid out due to the time and effort required.