LCFDL16C0027 - LIBRARY OF CONGRESS FEDLINK INFORMATION RETRIEVA...

This IDC contract for Records Management > Professional Services, Marketing & Distribution, Business Admin Services, Printed/Published Media, Education/Training > Human Capital, IT Software was awarded in FY2016 on Apr 4, 2016 to CAPITOL NEWS COMPANY, LLC by Library of Congress. There have been $1.2M in obligations to date with a ceiling value of $1.2M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 13 offers received. We expect a 2 year duration with ultimate completion date of Sep 29, 2018.

CAPITOL NEWS COMPANY, LLC is a contractor located in VA, doing primarily IT Software work for Commerce. The company receives $373k 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.

Read the full report

Buying Agency/Office

Congress»Library of Congress

Read the full report