This IDC contract for Healthcare > Research and Development, Healthcare > Professional Services, Business Admin Services was awarded in FY2019 on Sep 12, 2019 to Research Triangle Institute by CMS Office of Acquisition and Grants Management. There have been $45M in obligations to date with a ceiling value of $294.1M, showing a 15% burn rate so far on the contract. The contract was not competed under any preference program with 45 offers received. We expect a 5 year duration with ultimate completion date of Sep 24, 2024.
Research Triangle Institute is a contractor located in NC, doing primarily Business Admin Services work for Health and Human Services. The company receives $422M 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.
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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
75FCMC21F0001 | RESEARCH TRIANGLE INSTITUTE | $1.9M | 08/09/2021 |
75FCMC23F0001 | RESEARCH TRIANGLE INSTITUTE | $9.3M | 01/24/2023 |
75FCMC23F0002 | RESEARCH TRIANGLE INSTITUTE | $5.8M | 09/11/2023 |
75FCMC24F0060 | RESEARCH TRIANGLE INSTITUTE | $18.5M | 03/21/2024 |
75FCMC24F0148 | RESEARCH TRIANGLE INSTITUTE | $9.5M | 07/25/2024 |