This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2024 on Sep 10, 2024 to LIRA EC JV LLC by 355th Civil Engineer Squadron. There have been $250.00 in obligations to date with a ceiling value of $350M, showing a ~0% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 31 offers received. We expect a 5 year duration with ultimate completion date of Sep 8, 2029.
LIRA EC JV LLC is a contractor located in AZ, doing primarily Facility Related Services > Facilities Repair work for Air Force. Also, they have shown success winning No/Limited Bias 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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