This IDC contract for IT Hardware, IT Outsourcing, Business Admin Services was awarded in FY2016 on Sep 29, 2016 to MAGNUM MULTIMEDIA, INC. by DOL Office of Public Affairs. There have been $12.6M in obligations to date with a ceiling value of $14.8M, showing a 85% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 44 offers received. We expect a 5 year duration with ultimate completion date of Sep 28, 2021.
MAGNUM MULTIMEDIA, INC. is a contractor located in VA, doing primarily IT Outsourcing work for Health and Human Services. The company receives $3.8M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
DOLOPS16T00152 | MAGNUM MULTIMEDIA, INC. | $147.2k | 09/29/2016 |
DOLOPS16T00151 | MAGNUM MULTIMEDIA, INC. | $1.7M | 09/29/2016 |
1605DC17T00079 | MAGNUM MULTIMEDIA, INC. | $2M | 09/07/2017 |
1605DC18F00318 | MAGNUM MULTIMEDIA, INC. | $180k | 09/19/2018 |
1605DC18F00378 | MAGNUM MULTIMEDIA, INC. | $2M | 09/21/2018 |
1605DC19F00274 | MAGNUM MULTIMEDIA, INC. | $446.2k | 09/10/2019 |
1605DC19F00288 | MAGNUM MULTIMEDIA, INC. | $575k | 09/11/2019 |
1605DC19F00289 | MAGNUM MULTIMEDIA, INC. | $185.1k | 09/11/2019 |
1605DC19F00319 | MAGNUM MULTIMEDIA, INC. | $2.3M | 09/25/2019 |
1605C520F00023 | MAGNUM MULTIMEDIA, INC. | $2.7M | 08/25/2020 |
1605C220F00022 | MAGNUM MULTIMEDIA, INC. | $188.4k | 08/27/2020 |
1605TA21F00076 | MAGNUM MULTIMEDIA, INC. | $82.1k | 09/14/2021 |
1605TA21F00081 | MAGNUM MULTIMEDIA, INC. | $87.6k | 09/22/2021 |