693JK419D600001 - IN TASK ORDERS ISSUED UNDER THIS IDIQ CONTRACT, HA...

This IDC contract for IT Outsourcing, Training Aids & Devices was awarded in FY2019 on Sep 5, 2019 to Halvik Corp by Office of Budget and Financial Management. There have been $3.9M in obligations to date with a ceiling value of $4M, showing a 97% 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 5 year duration with ultimate completion date of Sep 3, 2024.

Halvik Corp is a contractor located in VA, doing primarily Business Admin Services work for Army. The company receives $35.4M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio. Halvik Corp is a certified 8(a) contractor through Mar 27, 2025.

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.

Read the full report

Buying Agency/Office

Transportation»DOT Office of the Secretary»Office of Budget and Financial Management

Read the full report