24322623D0012 - SP-HRS-45742 - LEARNING SYSTEM LICENSES THIS REQU...
Federal Contract Award Search » IDC Award - OPM USAL Learning System Licenses (2022)
This IDC contract for IT Outsourcing was awarded in FY2023 on Mar 16, 2023 to FOUR LLC by OPM Office of Procurement Operations. There have been $9.6M in obligations to date with a ceiling value of $1.3B, showing a 1% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 4 offers received. We expect a 10 year duration with ultimate completion date of Mar 6, 2033.
FOUR LLC is a contractor located in VA, doing primarily IT Hardware work for Treasury. The company receives $318.1M annually in federal awards (as of FY2020). Also, they have shown success winning GWAC 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
- 24322623D0012
- Contractor
- FOUR LLC
- Obligations to Date
- $9.6M
- Ceiling Value
- $1.3B
- Award Date
- 03/16/2023
- Contract Type
- IDC
- Contract Vehicle
- OPM USAL Learning System Licenses (2022)
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Office of Personnel Management»OPM Office of the Director»OPM Office of Procurement Operations
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 24322623F0066 | FOUR LLC | $0.00 | 03/16/2023 |
| 24322624F0089 | FOUR LLC | $8.6M | 04/12/2024 |
| 24322624F0250 | FOUR LLC | $962.6k | 09/28/2024 |
