FA865022D6401 - MISSION ANALYTICS TECHNOLOGY AND RESEARCH FOR INNO...
Federal Contract Award Search » IDC Award
This IDC contract for Aerospace & Defense > Research and Development was awarded in FY2022 on May 6, 2022 to Parallax Advanced Research Corporation by 711th Human Performance Wing (RAKH). There have been $22.7M in obligations to date with a ceiling value of $97.5M, showing a 23% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of May 5, 2027.
Parallax Advanced Research Corporation is a contractor located in OH, doing primarily Aerospace & Defense > Research and Development work for Air Force. The company receives $10.8M 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.
- Contract Number
- FA865022D6401
- Contractor
- PARALLAX ADVANCED RESEARCH CORPORATION
- Obligations to Date
- $22.7M
- Ceiling Value
- $97.5M
- Award Date
- 05/06/2022
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force»Air Force Materiel Command»Air Force Research Laboratory»711th Human Performance Wing (RAKH)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA865022F6403 | PARALLAX ADVANCED RESEARCH CORPORATION | $3M | 05/06/2022 |
| FA865022F6402 | PARALLAX ADVANCED RESEARCH CORPORATION | $11.9M | 05/06/2022 |
| FA865022F6404 | PARALLAX ADVANCED RESEARCH CORPORATION | $6.1M | 05/20/2022 |
