19VM3025D0003 - HANOIFSI - VIETNAMESE LANGUAGE TRAINING 2025-2027
Federal Contract Award Search » IDC Award
This IDC contract for Education/Training > Human Capital was awarded in FY2025 on Dec 10, 2024 to IVINA INTERNATIONAL EDUCATION AND TRAINING INVESTMENT JOINT STOCK COMPANY by Bureau of East Asian and Pacific Affairs. There have been $52.5k in obligations to date with a ceiling value of $157.6k, showing a 33% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 1 year duration with ultimate completion date of Dec 30, 2025.
IVINA INTERNATIONAL EDUCATION AND TRAINING INVESTMENT JOINT STOCK COMPANY is a contractor doing primarily Education/Training > Human Capital work for State. 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
- 19VM3025D0003
- Obligations to Date
- $52.5k
- Ceiling Value
- $157.6k
- Award Date
- 12/10/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»Political Affairs»Bureau of East Asian and Pacific Affairs
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