F0470103D0205 -

This IDC contract for Aerospace & Defense > Research and Development, Aerospace & Defense > Equipment Related Services, Science/Engineering > Research and Development, Support Ships & Small Craft > Maintenance Support Services, Aerospace & Defense > Professional Services was awarded in FY2003 on Jun 3, 2003 to MEI Technologies, Inc by . There have been $11.3M in obligations to date with a ceiling value of $11.3M, showing a 100% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 2 offers received. We expect a 2 year duration with ultimate completion date of May 14, 2005.

MEI Technologies, Inc is a contractor located in TX, doing primarily Aerospace & Defense > Research and Development work for Air Force. The company receives $15.2M 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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