693JF724D000026 - PROVIDING $0 PR AS THE OVERARCHING IDIQ CONTRACT F...
Federal Contract Award Search » IDC Award
This IDC contract for Construction & Related Services > Architect, Engineering & Construction, Environmental > Research and Development was awarded in FY2024 on Sep 4, 2024 to ABS Company by Office of Acquisition. There have been $166.5k in obligations to date with a ceiling value of $166.8k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jan 29, 2025.
ABS Company is a contractor located in TX, doing primarily Science/Engineering > Professional Services work for Navy. The company receives $10.9M 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.
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
- 693JF724D000026
- Contractor
- AMERICAN BUREAU OF SHIPPING
- Obligations to Date
- $166.5k
- Ceiling Value
- $166.8k
- Award Date
- 09/04/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Maritime Administration»Office of Acquisition
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