Here is the issue: It is clear that task orders issued by a civilian agency against a civilian IDIQ cannot be protested because the law expired Sept. 30 that gave GAO jurisdiction over protests of task orders over $10 million. This applies to all federal agencies that are authorized under Title 41 of the U.S. code.
The net economic benefit, to an individual, is the benefit received from paying less for a good than the maximum amount that the person is willing to pay for it. Thus, if a person is willing to pay up to $3 for something, but the market price is $1, then the net economic benefit for that item is $2.
What Is a Lifetime Maximum Benefit? Definition: The lifetime maximum insurance benefit is the maximum dollar amount that your insurance company will pay out during your lifetime for non-essential healthcare services. Lifetime maximum benefit clauses included in health care policies do not apply to essential services. Although many types of insurance policies use lifetime maximums such as long-term care insurance and dental insurance, a lifetime maximum benefit is generally associated with health insurance.