86614523D00001 - FIELD SERVICE MANAGEMENT

This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2023 on Mar 28, 2023 to Guardian Asset Management by Housing. There have been $50.2M in obligations to date with a ceiling value of $50.2M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.

Guardian Asset Management is a contractor located in PA, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Housing and Urban Development. The company receives $51.4M 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

Housing and Urban Development»Housing

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