47PA0724D0068 - NATURAL GAS ACQUISITION PROGRAM - NRG BUSINESS MAR...
Federal Contract Award Search » IDC Award - Natural Gas Acquisition Program (NGAP) (2024)
This IDC contract for Facility Related Services > Utilities was awarded in FY2024 on Sep 12, 2024 to DIRECT ENERGY BUSINESS MARKETING, LLC by Public Buildings Service. There have been no obligations to date with a ceiling value of $10M, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 4 year duration with ultimate completion date of Jul 30, 2028.
DIRECT ENERGY BUSINESS MARKETING, LLC is a contractor located in NJ, doing primarily Facility Related Services > Utilities work for Veterans Affairs. The company receives $16.1M 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.
- Contract Number
- 47PA0724D0068
- Contractor
- NRG BUSINESS MARKETING LLC
- Obligations to Date
- $0.00
- Ceiling Value
- $10M
- Award Date
- 09/12/2024
- Contract Type
- IDC
- Contract Vehicle
- Natural Gas Acquisition Program (NGAP) (2024)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- General Services Administration»Public Buildings Service
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