73351022D0005 - SBA SBIC, SMALL BUSINESS INVESTMENT COMPANY, EXAMI...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services was awarded in FY2022 on Sep 22, 2022 to SIGNET PARTNERS, A CORPORATION by Office of Investment and Innovation. There have been $3.4M in obligations to date with a ceiling value of $6M, showing a 56% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Sep 24, 2027.
SIGNET PARTNERS, A CORPORATION is a contractor located in CO, doing primarily Business Admin Services work for Small Business Administration. The company receives $2M 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
- 73351022D0005
- Contractor
- SIGNET PARTNERS, A CORPORATION
- Obligations to Date
- $3.4M
- Ceiling Value
- $6M
- Award Date
- 09/22/2022
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Small Business Administration»Office of Investment and Innovation
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 73351022F0225 | SIGNET PARTNERS, A CORPORATION | $607.1k | 09/23/2022 |
| 73351023F0166 | SIGNET PARTNERS, A CORPORATION | $1.3M | 08/18/2023 |
| 73351024F0125 | SIGNET PARTNERS, A CORPORATION | $1.5M | 09/17/2024 |
