State Award | 19RP3824D0003 | REAL ESTATE LEGAL SERVICES - FORT BONIFACIO PROPERTY

19RP3824D0003 - REAL ESTATE LEGAL SERVICES - FORT BONIFACIO PROPER...

Federal Contract Award Search » IDC Award

This IDC contract for Legal services was awarded in FY2024 on Jul 18, 2024 to SYCIP SALAZAR HERNANDEZ & GATMAITAN by U.S. Embassy Philippines. There have been $42.6k in obligations to date with a ceiling value of $85.1k, showing a 50% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jul 16, 2025.

SYCIP SALAZAR HERNANDEZ & GATMAITAN is a contractor doing primarily Legal services work for State. The company receives $90.5k 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.

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Contract Number
19RP3824D0003
Obligations to Date
$42.6k
Ceiling Value
$85.1k
Award Date
07/18/2024
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
State»Political Affairs»Bureau of East Asian and Pacific Affairs»U.S. Embassy Philippines


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Task Order History

Task Order No. Contractor Obligations Effective Date
19RP3824F1326 SYCIP SALAZAR HERNANDEZ & GATMAITAN $42.6k 07/19/2024

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