69319524D000003 - THE PURPOSE OF THIS REQUIREMENT IS TO AWARD MULTIP...
Federal Contract Award Search » IDC Award
This IDC contract for Program Management was awarded in FY2024 on Sep 19, 2024 to ANIL VERMA ASSOCIATES, INC. by FTA Office of the Administrator. There have been $467.2k in obligations to date with a ceiling value of $32M, showing a 1% burn rate so far on the contract. The contract was not competed under any preference program with 22 offers received. We expect a 5 year duration with ultimate completion date of Sep 18, 2029.
ANIL VERMA ASSOCIATES, INC. is a contractor located in CA, doing primarily Program Management work for Transportation. The company receives $1.3M 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
- 69319524D000003
- Contractor
- ANIL VERMA ASSOCIATES, INC
- Obligations to Date
- $467.2k
- Ceiling Value
- $32M
- Award Date
- 09/19/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Federal Transit Administration»FTA Office of the Administrator
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 69319524F30132N | ANIL VERMA ASSOCIATES, INC | $467.2k | 09/20/2024 |
