This is a proposed procurement for magnetic latch assemblies, potentially resulting in a one-year Indefinite Delivery Contract with a total order ceiling of $350,000. The contract has a guaranteed minimum of one unit, with an estimated four orders per year. Delivery is required within 230 days after receipt of order, with items to be shipped to various DLA depots within and outside the continental United States. Quotes must be submitted electronically, and only products from the approved source are eligible.