75N98018D00055 - PUBLIC INFORMATION AND COMMUNICATION SERVICES CONT...

This IDC contract for Public Relations and Professional Communications Services, Marketing & Distribution, Education/Training > Human Capital, Business Admin Services was awarded in FY2018 on Sep 25, 2018 to IQ Solutions by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $123.4M in obligations to date with a ceiling value of $370M, showing a 33% burn rate so far on the contract. The contract was not competed under any preference program with 22 offers received. We expect a 6 year duration with ultimate completion date of Dec 15, 2024.

IQ Solutions is a contractor located in MD, doing primarily Marketing & Distribution work for Health and Human Services. The company receives $33.4M 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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