80GRC023DA002 - SETS PROVIDES SAFETY AND MISSION ASSURANCE SERVICE...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services was awarded in FY2023 on Jan 19, 2023 to Banner Quality Management Inc by Glenn Research Center. There have been $14.2M in obligations to date with a ceiling value of $43.9M, showing a 32% burn rate so far on the contract. The contract was competed under Women Owned Small Business preference program with 3 offers received. We expect a 3 year duration with ultimate completion date of Feb 27, 2026.
Banner Quality Management Inc is a contractor located in TX, doing primarily Business Admin Services work for National Aeronautics and Space Administration. The company receives $6M 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.
- Contract Number
- 80GRC023DA002
- Contractor
- BANNER QUALITY MANAGEMENT INC
- Obligations to Date
- $14.2M
- Ceiling Value
- $43.9M
- Award Date
- 01/19/2023
- Contract Type
- IDC
- Competition Set Aside Type
- Women Owned Small Business
- Buying Agency/Office
- National Aeronautics and Space Administration»Glenn Research Center
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