HTC71121DR025 - PORT AND REGIONAL LOGISTICS SERVICES IN EUROPE (P&...
Federal Contract Award Search » IDC Award - Port and Regional Logistics Services - Europe (2021)
This IDC contract for Logistics > Transportation and Logistics Services was awarded in FY2021 on Mar 24, 2021 to Strategic Technology Institute Inc by Military Surface Deployment and Distribution Command. There have been $378.1k in obligations to date with a ceiling value of $896.3k, showing a 42% burn rate so far on the contract. The contract was not competed under any preference program with 12 offers received. We expect a 3 year duration with ultimate completion date of Jun 29, 2024.
Strategic Technology Institute Inc is a contractor located in MD, doing primarily Weapons > Equipment Related Services work for Navy. The company receives $29.3M 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
- HTC71121DR025
- Contractor
- STRATEGIC TECHNOLOGY INSTITUTE, INC.
- Obligations to Date
- $378.1k
- Ceiling Value
- $896.3k
- Award Date
- 03/24/2021
- Contract Type
- IDC
- Contract Vehicle
- Port and Regional Logistics Services - Europe (2021)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Materiel Command»Military Surface Deployment and Distribution Command
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| HTC71121FR039 | STRATEGIC TECHNOLOGY INSTITUTE, INC. | $2.5k | 03/24/2021 |
| HTC71122F9305 | STRATEGIC TECHNOLOGY INSTITUTE, INC. | $2.5k | 07/08/2022 |
| HTC71124F7538 | STRATEGIC TECHNOLOGY INSTITUTE, INC. | $251.3k | 04/03/2024 |
