19Z11523D0006 - BULK FUEL CONTRACT
Federal Contract Award Search » IDC Award
This IDC contract for Industrial Products & Machinery > Industrial Products & Services, Petro-Chemical Industries > Transportation and Logistics Services was awarded in FY2023 on Aug 21, 2023 to RAM PETROLEUM PVT LTD by Bureau of African Affairs. There have been $687.2k in obligations to date with a ceiling value of $10.6M, showing a 6% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 5 year duration with ultimate completion date of Aug 30, 2028.
RAM PETROLEUM PVT LTD is a contractor doing primarily Petro-Chemical Industries > Transportation and Logistics Services 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
- 19Z11523D0006
- Contractor
- RAM PETROLEUM PVT LTD
- Obligations to Date
- $687.2k
- Ceiling Value
- $10.6M
- Award Date
- 08/21/2023
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»Political Affairs»Bureau of African Affairs
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 19Z11523F0415 | RAM PETROLEUM PVT LTD | $23.7k | 08/21/2023 |
| 19Z11524F0011 | RAM PETROLEUM PVT LTD | $146k | 11/22/2023 |
| 19Z11524F0077 | RAM PETROLEUM PVT LTD | $29.6k | 04/03/2024 |
| 19Z11524F0095 | RAM PETROLEUM PVT LTD | $11.8k | 04/25/2024 |
| 19Z11524F0103 | RAM PETROLEUM PVT LTD | $86.4k | 05/08/2024 |
| 19Z11524F0129 | RAM PETROLEUM PVT LTD | $11.4k | 06/19/2024 |
| 19Z11524F0141 | RAM PETROLEUM PVT LTD | $57.6k | 07/29/2024 |
| 19Z11524F0163 | RAM PETROLEUM PVT LTD | $68.5k | 09/09/2024 |
| 19Z11524F0171 | RAM PETROLEUM PVT LTD | $111.2k | 09/27/2024 |
