This IDC contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2024 on Sep 13, 2024 to FROST & YOUNG GROUP LLC by Office of Travel, Transportation and Logistics Categories. There have been $347.9k in obligations to date with a ceiling value of $365.3k, showing a 95% 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 Sep 15, 2025.
FROST & YOUNG GROUP LLC is a contractor located in MS, doing primarily Automotive Parts & Products > Transportation and Logistics Services work for General Services Administration. Also, they have shown success winning No/Limited Bias 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.
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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
47QMCA24F0LQ8 | FROST & YOUNG GROUP LLC | $116k | 09/19/2024 |
47QMCA24F0LQA | FROST & YOUNG GROUP LLC | $116k | 09/19/2024 |
47QMCA24F0LQ9 | FROST & YOUNG GROUP LLC | $116k | 09/19/2024 |