The appropriate review and approval authority for any particular contractual action depends on the estimated total dollar value of the action. For contract awards, the estimated total dollar value is the award amount plus any defined and priced values included in the contract at time of award (example, options). The estimated total dollar value for a modification is the dollar value of the modification. For indefinite-delivery contracts and ordering agreements, the estimated total dollar value is the dollar amount the purchase/SCM team determines best represents the total dollar value of all of the orders that will be placed against the indefinite-delivery contract or ordering agreement during its initial term and any contemplated extensions, such as options or renewals.
