80GRC020D0012 - GLENN MULTIPLE AWARD CONSTRUCTION CONTRACTS 2

This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2020 on Mar 13, 2020 to Pinnacle Construction & Development Group, Inc. by Glenn Research Center. There have been $42.8M in obligations to date with a ceiling value of $100M, showing a 43% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 26 offers received. We expect a 5 year duration with ultimate completion date of Mar 30, 2025.

Pinnacle Construction & Development Group, Inc. is a contractor located in OH, doing primarily Construction & Related Services > Architect, Engineering & Construction work for National Aeronautics and Space Administration. The company receives $13.7M 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

National Aeronautics and Space Administration»Glenn Research Center

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