DTFAAC16D00019 - POWER SYSTEMS UPGRADE&INSTALLATION

This IDC contract for Facility Related Materials, Electrical & Electronics Equipment > Electronic & Communication Equipment, Energy > Transmission/Distribution was awarded in FY2016 on Oct 30, 2015 to Wells Global, LLC by Mike Monroney Aeronautical Center. There have been $228.9M in obligations to date with a ceiling value of $228.9M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 18 offers received. We expect a 6 year duration with ultimate completion date of May 2, 2021.

Wells Global, LLC is a contractor located in NC, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Transportation. The company receives $30.2M 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

Transportation»DOT Federal Aviation Administration»FAA Office of Finance and Management (AFN)»Mike Monroney Aeronautical Center

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