693KA924D00011 - THIS IS AN IDIQ CONTRACT FOR ARP HQ - RECORDS MANA...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services was awarded in FY2024 on Sep 18, 2024 to WITS SOLUTIONS INC. by DOT Federal Aviation Administration. There have been $1.8M in obligations to date with a ceiling value of $2M, showing a 89% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Sep 21, 2026.
WITS SOLUTIONS INC. is a contractor located in VA, doing primarily Business Admin Services work for Homeland Security (DHS). The company receives $11.4M 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. WITS SOLUTIONS INC. is a certified 8(a) contractor through Sep 18, 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.
- Contract Number
- 693KA924D00011
- Contractor
- WITS SOLUTIONS INC.
- Obligations to Date
- $1.8M
- Ceiling Value
- $2M
- Award Date
- 09/18/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Federal Aviation Administration
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 693KA924F00219 | WITS SOLUTIONS INC. | $1.8M | 09/20/2024 |
