FA489024D0008 - SBIR PHASE III AWARD OF A REQUIREMENTS CONTRACT TO...
Federal Contract Award Search » IDC Award
This IDC contract for IT Hardware was awarded in FY2024 on Apr 25, 2024 to IMMERSIVE WISDOM, INC. by Directorate of Air and Space Operations (A3). There have been $5.5M in obligations to date with a ceiling value of $25M, showing a 22% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Apr 29, 2029.
IMMERSIVE WISDOM, INC. is a contractor located in FL, doing primarily IT Hardware work for Air Force. The company receives $3M annually in federal awards (as of FY2020). 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.
- Contract Number
- FA489024D0008
- Contractor
- IMMERSIVE WISDOM, INC.
- Obligations to Date
- $5.5M
- Ceiling Value
- $25M
- Award Date
- 04/25/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force»Air Combat Command»Directorate of Air and Space Operations (A3)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA489024F0109 | IMMERSIVE WISDOM, INC. | $1.7M | 08/28/2024 |
