140L0623D0020 - FEDERAL ORPHANED WELL PROGRAM - PLUGGING AND ABAND...
Federal Contract Award Search » IDC Award - BLM National Operations Center Federal Orphaned Well Program Plugging & Abandonment IDIQ (2022)
This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2023 on Apr 20, 2023 to OLGOONIK CONSTRUCTION SERVICES LLC by BLM National Operations Center. There have been $1.9M in obligations to date with a ceiling value of $50M, showing a 4% burn rate so far on the contract. The contract was competed under Indian Small Business Economic Enterprises preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of Apr 23, 2028.
OLGOONIK CONSTRUCTION SERVICES LLC is a contractor located in AK, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Interior. The company receives $5.6M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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
- 140L0623D0020
- Contractor
- OLGOONIK CONSTRUCTION SERVICES LLC
- Obligations to Date
- $1.9M
- Ceiling Value
- $50M
- Award Date
- 04/20/2023
- Contract Type
- IDC
- Competition Set Aside Type
- Indian Small Business Economic Enterprises
- Buying Agency/Office
- Interior»Bureau of Land Management (BLM)»BLM National Operations Center
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 140L0623F0090 | OLGOONIK CONSTRUCTION SERVICES LLC | $25k | 04/21/2023 |
| 140P2124F0017 | OLGOONIK CONSTRUCTION SERVICES LLC | $1.9M | 06/25/2024 |
