Health and Human Services Award | 75N98025D00018 | PUBLIC INFORMATION AND COMMUNICATIONS SERVICES III (PICS III)

75N98025D00018 - PUBLIC INFORMATION AND COMMUNICATIONS SERVICES III...

Federal Contract Award Search » IDC Award

This IDC contract for Marketing & Distribution was awarded in FY2025 on Dec 13, 2024 to IQ Solutions by NIH Office of Logistics and Acquisition Operations (OLAO). There have been no obligations to date with a ceiling value of $1,000M, showing a ~0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 30 offers received. We expect a 5 year duration with ultimate completion date of Dec 15, 2029.

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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Contract Number
75N98025D00018
Contractor
IQ SOLUTIONS, INC.
Obligations to Date
$0.00
Ceiling Value
$1,000M
Award Date
12/13/2024
Contract Type
IDC
Competition Set Aside Type
Small Business Set-Aside -- Total

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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