86614819D00003 - SPECIALIZED INSPECTION PROPERTY ANALYSIS SERVICES

This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2019 on Sep 30, 2019 to LEETEX GROUP LLC by Office of Procurement and Contract Services. There have been $1.1M in obligations to date with a ceiling value of $4M, showing a 27% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Sep 28, 2024.

LEETEX GROUP LLC is a contractor located in TX, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Housing and Urban Development. The company receives $5.4M 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»Public and Indian Housing»Office of Procurement and Contract Services

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