This IDC contract for IT Outsourcing was awarded in FY2015 on Feb 20, 2015 to Abacus Technology Corp by 99th Communications Squadron. There have been $3.6M in obligations to date with a ceiling value of $3.6M, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 9 offers received. We expect a 2 year duration with ultimate completion date of Aug 30, 2017.
Abacus Technology Corp is a contractor located in MD, doing primarily IT Outsourcing work for Air Force. The company receives $46.7M 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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
0001 | ABACUS TECHNOLOGY CORPORATION | $542.4k | 02/20/2015 |
0002 | ABACUS TECHNOLOGY CORPORATION | $858.1k | 02/27/2015 |
0003 | ABACUS TECHNOLOGY CORPORATION | $156.9k | 09/18/2015 |
0004 | ABACUS TECHNOLOGY CORPORATION | $70.4k | 09/18/2015 |
0005 | ABACUS TECHNOLOGY CORPORATION | $262.2k | 11/03/2015 |
0006 | ABACUS TECHNOLOGY CORPORATION | $33.6k | 11/30/2015 |
0007 | ABACUS TECHNOLOGY CORPORATION | $702.5k | 02/05/2016 |
0008 | ABACUS TECHNOLOGY CORPORATION | $416.9k | 08/26/2016 |
0009 | ABACUS TECHNOLOGY CORPORATION | $49.5k | 09/30/2016 |
0010 | ABACUS TECHNOLOGY CORPORATION | $110k | 10/05/2016 |
FA486117FB005 | ABACUS TECHNOLOGY CORPORATION | $167.5k | 02/23/2017 |
FA486117FB059 | ABACUS TECHNOLOGY CORPORATION | $13.5k | 03/10/2017 |
FA486117FB077 | ABACUS TECHNOLOGY CORPORATION | $181k | 04/28/2017 |
FA486118FB002 | ABACUS TECHNOLOGY CORPORATION | $13.2k | 10/03/2017 |