693JJ322C000009 - DWIGHT D. EISENHOWER TRANSPORTATION FELLOWSHIP PRO...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Program Management was awarded in FY2022 on Feb 17, 2022 to INFOTREND INCORPORATED by Office of Human Resources. There have been $700k in obligations to date with a ceiling value of $1.1M, showing a 61% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of Feb 19, 2025.
INFOTREND INCORPORATED is a contractor located in MD, doing primarily IT Outsourcing work for Securities and Exchange Commission. The company receives $9.5M 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.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
- Contract Number
- 693JJ322C000009
- Contractor
- INFOTREND INCORPORATED
- Obligations to Date
- $700k
- Ceiling Value
- $1.1M
- Award Date
- 02/17/2022
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Transportation»DOT Federal Highway Administration»FHWA Office of Administration»Office of Human Resources
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