This IDC contract for Fire & Safety Equipment > Safety Equipment was awarded in FY2024 on Apr 11, 2024 to JMB WHOLESALE, LLC by FEMA Office of Response & Recovery. There have been $411.6k in obligations to date with a ceiling value of $49.5M, showing a 1% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of Oct 2, 2029.
JMB WHOLESALE, LLC is a contractor located in WA, doing primarily Fire & Safety Equipment > Safety Equipment work for Homeland Security (DHS). The company receives $103.3k 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.
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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
70FB8024F00000029 | JMB WHOLESALE LLC | $150.9k | 04/16/2024 |
70FB8024F00000104 | JMB WHOLESALE LLC | $260.7k | 09/24/2024 |