12SAD121D0002 - COVERS THE PROCUREMENT OF A COMPETITIVE MULTI-YEAR...
Federal Contract Award Search » IDC Award
This IDC contract for Real Estate Services was awarded in FY2021 on May 28, 2021 to DAWSON'S REALTY & MORTGAGES, INC. by Rural Development. There have been $39.7M in obligations to date with a ceiling value of $45.2M, showing a 88% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 12 offers received. We expect a 2 year duration with ultimate completion date of November 26, 2023.
DAWSON'S REALTY & MORTGAGES, INC. is a contractor located in GA, doing primarily Business Admin Services work for Agriculture. The company receives $517k annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio. DAWSON'S REALTY & MORTGAGES, INC. is a certified 8(a) contractor through February 17, 2027.
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
- 12SAD121D0002
- Contractor
- DAWSON'S REALTY & MORTGAGES, INC.
- Obligations to Date
- $39.7M
- Ceiling Value
- $45.2M
- Award Date
- 05/28/2021
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Agriculture » Rural Development
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 12SAD121F0017 | DAWSON'S REALTY & MORTGAGES, INC. | $24.7M | 06/02/2021 |
| 12SAD222F0006 | DAWSON'S REALTY & MORTGAGES, INC. | $15M | 06/03/2022 |
