693JJ324D000021 - NEW CONTRACT - TECHNICAL SUPPORT SERVICES CONTRACT...
Federal Contract Award Search » IDC Award - FHWA Research & Technical Support for Infrastructure Laboratories (2024)
This IDC contract for Transportation > Research and Development was awarded in FY2024 on Sep 13, 2024 to GENEX SYSTEMS LLC by Office of Research, Development and Technology. There have been $100k in obligations to date with a ceiling value of $65M, showing a 0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 4 offers received. We expect a 6 year duration with ultimate completion date of Sep 28, 2030.
GENEX SYSTEMS LLC is a contractor located in VA, doing primarily Transportation > Research and Development work for Transportation. The company receives $10.5M 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
- 693JJ324D000021
- Contractor
- GENEX SYSTEMS, LLC
- Obligations to Date
- $100k
- Ceiling Value
- $65M
- Award Date
- 09/13/2024
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Transportation»DOT Federal Highway Administration»Office of Research, Development and Technology
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