IDIQ for Aircraft Purchase at TSTC in Waco

The contract is for the purchase of aircraft and services for the Waco campus of Texas State Technical College (TSTC). The contract is an Indefinite Delivery, Indefinite Quantity (IDIQ) contract, and the term is for two years with an option to renew for three additional one-year periods. The contract has a fixed price for the initial term, and any annual percentage increases will need to be approved by TSTC. The contract requires the submission of a HUB Subcontracting Plan, and the supplier must make a good faith effort to achieve the State of Texas HUB goals. Some key points to consider include: • The contract is for the purchase of aircraft and services for the Waco campus of TSTC. • The contract term is for two years with an option to renew for three additional one-year periods. • The contract has a fixed price for the initial term, and any annual percentage increases will need to be approved by TSTC. • The contract requires the submission of a HUB Subcontracting Plan. • The supplier must make a good faith effort to achieve the State of Texas HUB goals.