70FA6021D00000004 - PTS ZONE 2
Federal Contract Award Search » IDC Award
This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2021 on Sep 22, 2021 to The Compass PTS JV by FEMA Federal Insurance & Mitigation Administration (FIMA). There have been $168.5M in obligations to date with a ceiling value of $300M, showing a 56% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 4 year duration with ultimate completion date of Sep 27, 2025.
The Compass PTS JV is a contractor located in VA, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Homeland Security (DHS). The company receives $63.5M 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
- 70FA6021D00000004
- Contractor
- COMPASS PTS JV, THE
- Obligations to Date
- $168.5M
- Ceiling Value
- $300M
- Award Date
- 09/22/2021
- 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)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 70FA6021F00000073 | COMPASS PTS JV, THE | $15.5M | 09/30/2021 |
| 70FBR622F00000019 | COMPASS PTS JV, THE | $364.8k | 11/18/2021 |
| 70FBR622F00000034 | COMPASS PTS JV, THE | $968.2k | 01/26/2022 |
| 70FBR622F00000081 | COMPASS PTS JV, THE | $649.9k | 03/09/2022 |
| 70FBR422F00000070 | COMPASS PTS JV, THE | $146.5k | 08/17/2022 |
| 70FBR722F00000016 | COMPASS PTS JV, THE | $1.1M | 08/26/2022 |
| 70FBR422F00000061 | COMPASS PTS JV, THE | $4.3M | 09/13/2022 |
| 70FBR622F00000125 | COMPASS PTS JV, THE | $13.2M | 09/19/2022 |
| 70FA6022F00000057 | COMPASS PTS JV, THE | $2M | 09/26/2022 |
| 70FA6022F00000025 | COMPASS PTS JV, THE | $31.6M | 09/28/2022 |
| 70FBR423F00000069 | COMPASS PTS JV, THE | $1.3M | 12/29/2022 |
| 70FBR423F00000295 | COMPASS PTS JV, THE | $93.1k | 05/10/2023 |
| 70FBR723F00000002 | COMPASS PTS JV, THE | $0.00 | 06/30/2023 |
| 70FA6023F00000036 | COMPASS PTS JV, THE | $31.4M | 06/30/2023 |
| 70FBR623F00000104 | COMPASS PTS JV, THE | $13.9M | 08/02/2023 |
| 70FA6023F00000092 | COMPASS PTS JV, THE | $189.4k | 09/20/2023 |
| 70FA6023F00000095 | COMPASS PTS JV, THE | $587.9k | 09/26/2023 |
| 70FBR423F00000287 | COMPASS PTS JV, THE | $5.5M | 09/27/2023 |
| 70FA6023F00000101 | COMPASS PTS JV, THE | $2.4M | 09/27/2023 |
| 70FA6024F00000019 | COMPASS PTS JV, THE | $1.7M | 03/27/2024 |
