70FA6018D00000005 - MANAGEMENT ADMINISTRATION (FEMA) RISK MANAGEMENT D...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services was awarded in FY2018 on Jun 4, 2018 to IBM by FIMA Mitigation Directorate. There have been $170.4M in obligations to date with a ceiling value of $170.4M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Nov 29, 2023.
IBM is a contractor located in MD, doing primarily IT Outsourcing work for Navy. The company receives $1.1B 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
- 70FA6018D00000005
- Contractor
- INTERNATIONAL BUSINESS MACHINES CORPORATION
- Obligations to Date
- $170.4M
- Ceiling Value
- $170.4M
- Award Date
- 06/04/2018
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Homeland Security (DHS)»Federal Emergency Management Agency (FEMA)»FEMA Office of Resilience»FEMA Federal Insurance & Mitigation Administration (FIMA)»FIMA Mitigation Directorate
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 70FA6018F00000029 | INTERNATIONAL BUSINESS MACHINES CORPORATION | $4.4M | 06/15/2018 |
| 70FA6020F00000001 | INTERNATIONAL BUSINESS MACHINES CORPORATION | $2.2M | 10/31/2019 |
| 70FA6020F00000005 | INTERNATIONAL BUSINESS MACHINES CORPORATION | $62.9M | 11/29/2019 |
| 70FA6022F00000004 | INTERNATIONAL BUSINESS MACHINES CORPORATION | $100.9M | 12/09/2021 |
