75N98018D00029 - : STUDIES AND ACTIVITIES RELEVANT TO BIOMEDICAL ...

This IDC contract for Business Admin Services, Healthcare > Professional Services was awarded in FY2018 on Jul 20, 2018 to National Academy of Sciences by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $69.9M in obligations to date with a ceiling value of $69.9M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 6 year duration with ultimate completion date of Aug 21, 2024.

National Academy of Sciences is a contractor located in DC, doing primarily Business Admin Services work for Health and Human Services. The company receives $93.8M 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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Buying Agency/Office

Health and Human Services»National Institutes of Health»NIH Office of the Director»NIH Office of Management»NIH Office of Logistics and Acquisition Operations (OLAO)

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