03310319D0067 - XX::IGG
Federal Contract Award Search » IDC Award
This IDC contract for IT Software, Printed/Published Media, Records Management > Professional Services, IT Hardware was awarded in FY2019 on Mar 25, 2019 to FACTIVA, INC by Library of Congress. There have been $6.6M in obligations to date with a ceiling value of $15M, showing a 44% burn rate so far on the contract. The contract was not competed under any preference program with 51 offers received. We expect a 5 year duration with ultimate completion date of Mar 30, 2024.
FACTIVA, INC is a contractor located in NJ, doing primarily IT Software work for Securities and Exchange Commission. The company receives $1.9M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- 03310319D0067
- Contractor
- FACTIVA, INC.
- Obligations to Date
- $6.6M
- Ceiling Value
- $15M
- Award Date
- 03/25/2019
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Congress»Library of Congress
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 50310219F0114 | FACTIVA, INC. | $6.1M | 07/18/2019 |
| 70RDAD19FR0000100 | FACTIVA, INC. | $15.5k | 09/26/2019 |
| 19AQMM20F4243 | FACTIVA, INC. | $119.5k | 09/28/2020 |
| 19AQMM21F3966 | FACTIVA, INC. | $111.9k | 09/17/2021 |
| 15JL1B21F00000031 | FACTIVA, INC. | $23.4k | 09/23/2021 |
| 19AQMM22F3504 | FACTIVA, INC. | $124.8k | 09/12/2022 |
| 15JCE022F00000110 | FACTIVA, INC. | $0.00 | 09/27/2022 |
| 15JL1B23F00000138 | FACTIVA, INC. | $28.7k | 11/17/2022 |
| 15JCE023F00000062 | FACTIVA, INC. | $0.00 | 08/15/2023 |
| 72MC1023N00010 | FACTIVA, INC. | $78.5k | 08/30/2023 |
| 15JCE023F00000105 | FACTIVA, INC. | $22.2k | 09/29/2023 |
| 15JL1B24F00000134 | FACTIVA, INC. | $25.4k | 11/06/2023 |
