EDFSA14D0002 - CONTRACT ED-FSA-14-D-0002 WAS AWARDED TO PROVID...
Federal Contract Award Search » IDC Award
This IDC contract for IT Outsourcing was awarded in FY2014 on Dec 24, 2013 to Coresphere, LLC by Federal Student Aid. There have been $595.3k in obligations to date with a ceiling value of $4M, showing a 15% 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 May 30, 2018.
Coresphere, LLC is a contractor located in MD, doing primarily IT Outsourcing work for Treasury. The company receives $6.9M annually in federal awards (as of FY2020). Also, they have shown success winning GWAC 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.
- Contract Number
- EDFSA14D0002
- Contractor
- CORESPHERE, LLC
- Obligations to Date
- $595.3k
- Ceiling Value
- $4M
- Award Date
- 12/24/2013
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Education»Federal Student Aid
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | CORESPHERE, LLC | $181.9k | 01/31/2014 |
| 0002 | CORESPHERE, LLC | $12.3k | 02/25/2014 |
| 0004 | CORESPHERE, LLC | $58.3k | 05/30/2014 |
| 0003 | CORESPHERE, LLC | $17.7k | 05/30/2014 |
| 0005 | CORESPHERE, LLC | $64.8k | 09/26/2014 |
| 0006 | CORESPHERE, LLC | $20.5k | 06/01/2015 |
| 0007 | CORESPHERE, LLC | $58.4k | 07/31/2015 |
| 0008 | CORESPHERE, LLC | $42k | 12/31/2015 |
| 0009 | CORESPHERE, LLC | $45.5k | 05/20/2016 |
| 0010 | CORESPHERE, LLC | $7.1k | 09/01/2016 |
| 0011 | CORESPHERE, LLC | $58.7k | 01/05/2017 |
