DTFT6016D00007 - CT FINANCIAL MANAGEMENT OVERSIGHT PROGRAM SUPP...

This IDC contract for Financial services, Business Admin Services, Legal services, Program Management was awarded in FY2016 on Feb 23, 2016 to RMW ASSOCIATES, LLC by DOT Federal Transit Administration. There have been $6.2M in obligations to date with a ceiling value of $34.5M, showing a 18% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 12 offers received. We expect a 6 year duration with ultimate completion date of May 12, 2022.

RMW ASSOCIATES, LLC is a contractor located in MD, doing primarily Program Management work for Transportation. The company receives $579.8k 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 Transit Administration

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