692M1522D00003 - AVIATION WEATHER TECHNICAL AND ENGINEERING SUPPORT...

This IDC contract for Science/Engineering > Professional Services was awarded in FY2022 on Dec 22, 2021 to Basic Commerce & Industries by William J. Hughes Technical Center. There have been $10.6M in obligations to date with a ceiling value of $25.7M, showing a 41% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Dec 21, 2026.

Basic Commerce & Industries is a contractor located in NJ, doing primarily Science/Engineering > Professional Services work for Navy. The company receives $17.7M 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.

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Buying Agency/Office

Transportation»DOT Federal Aviation Administration»FAA Office of NextGen (ANG)»William J. Hughes Technical Center

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