47PD0223D0011 - MULTIPLE AWARD INDEFINITE DELIVERY INDEFINITE QUAN...
Federal Contract Award Search » IDC Award - GSA-PBS Region 3 General Construction Services MAC (2022)
This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2023 on Dec 7, 2022 to Ritz Construction, Inc. by PBS Region 3 Mid-Atlantic. There have been $20M in obligations to date with a ceiling value of $125M, showing a 16% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 44 offers received. We expect a 3 year duration with ultimate completion date of Dec 30, 2025.
Ritz Construction, Inc. is a contractor located in MD, doing primarily Facility Related Services > Facilities Repair work for Army. The company receives $26M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio. Ritz Construction, Inc. is a certified 8(a) contractor through Sep 26, 2026.
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
- 47PD0223D0011
- Contractor
- RITZ CONSTRUCTION, INC.
- Obligations to Date
- $20M
- Ceiling Value
- $125M
- Award Date
- 12/07/2022
- Contract Type
- IDC
- Contract Vehicle
- GSA-PBS Region 3 General Construction Services MAC (2022)
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- General Services Administration»Public Buildings Service»PBS Regional Offices»PBS Region 3 Mid-Atlantic
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 47PD0223F0041 | RITZ CONSTRUCTION, INC. | $838.7k | 05/01/2023 |
| 47PD0223F0054 | RITZ CONSTRUCTION, INC. | $1M | 06/27/2023 |
| 47PD0124F0002 | RITZ CONSTRUCTION, INC. | $4.3M | 11/15/2023 |
| 47PD0124F0003 | RITZ CONSTRUCTION, INC. | $9.7M | 05/28/2024 |
| 47PD0224F0069 | RITZ CONSTRUCTION, INC. | $1.4M | 07/15/2024 |
| 47PD0224F0075 | RITZ CONSTRUCTION, INC. | $2.4M | 08/16/2024 |
