47QRAD19D7001 - ONE ACQUISITION SOLUTION FOR INTEGRATED SERVICES (...
Federal Contract Award Search » IDC Award - One Acquisition Solution for Integrated Services - SB (OASIS Small Business)
This IDC contract for Aerospace & Defense > Equipment Related Services, Science/Engineering > Professional Services was awarded in FY2019 on Aug 7, 2019 to Credence Management Solutions by Office of Professional Services and Human Capital Categories. There have been $51.3M in obligations to date with a ceiling value of $1,000B, showing a ~0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 99 offers received. We expect a 5 year duration with ultimate completion date of Dec 19, 2024.
Credence Management Solutions is a contractor located in VA, doing primarily Science/Engineering > Professional Services work for Air Force. The company receives $267.9M 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
- 47QRAD19D7001
- Obligations to Date
- $51.3M
- Ceiling Value
- $1,000B
- Award Date
- 08/07/2019
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- General Services Administration»Federal Acquisition Service»Office of Professional Services and Human Capital Categories
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA862224F2402 | CREDENCE MANAGEMENT SOLUTIONS LIMITED LIABILITY COMPANY | $41.5M | 12/19/2023 |
| FA862224FB001 | CREDENCE MANAGEMENT SOLUTIONS LIMITED LIABILITY COMPANY | $152.2k | 05/29/2024 |
