72027821D00005 - ECONOMIC REFORM ACTIVITY IN JORDAN (ERA) IDIQ
Federal Contract Award Search » IDC Award - Jordan Economic Reform Activity (ERA) (2021)
This IDC contract for Program Management was awarded in FY2021 on Mar 27, 2021 to FINANCIAL MARKETS INTERNATIONAL, INC. by Bureau for Middle East. There have been $75k in obligations to date with a ceiling value of $75k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 17 offers received. We expect a 5 year duration with ultimate completion date of Mar 28, 2026.
FINANCIAL MARKETS INTERNATIONAL, INC. is a contractor located in VA, doing primarily Business Admin Services work for United States Agency for International Development. The company receives $2.5M 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
- 72027821D00005
- Contractor
- FINANCIAL MARKETS INTERNATIONAL, INC.
- Obligations to Date
- $75k
- Ceiling Value
- $75k
- Award Date
- 03/27/2021
- Contract Type
- IDC
- Contract Vehicle
- Jordan Economic Reform Activity (ERA) (2021)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- United States Agency for International Development»Bureau for Middle East
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