DTFH6111D00052 - NEW STANDARDS DEVELOPMENT ORGANIZATION (SDO) CONTR...

This IDC contract for Business Admin Services was awarded in FY2012 on Oct 1, 2011 to INSTITUTE OF TRANSPORTATION ENGINEERS, INC. by FHWA Office of Acquisition and Grants Management. There have been $4.8M in obligations to date with a ceiling value of $9.2M, showing a 52% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 6 year duration with ultimate completion date of Mar 30, 2017.

INSTITUTE OF TRANSPORTATION ENGINEERS, INC. is a contractor located in DC, doing primarily Program Management work for Transportation. The company receives $1.3M 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 Highway Administration»FHWA Office of the Chief Financial Officer»FHWA Office of Acquisition and Grants Management

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