|Source: Architect of the Capitol|
Many government contractors pursue and win multi-award contract vehicles such as bulk purchase agreements (BPAs) and indefinite date, indefinite quantity (IDIQ) contracts. These vehicles are then used to secure later task order contracts for specific deliverables, terms, and prices.
You can track task orders and multi-award contracts in Dynamics CRM using InfoStrat's Dynamics CRM for Government Contractors solution. Contracts can show subordinate task orders as well as how much of the contract ceiling amount has been used.
In terms of opportunity tracking, you may want to track each task order as an opportunity as well as the parent contract. Be sure to set up your reports so they don't double count your wins and losses.
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