N4008523D0075 - 8(A) IDIQ CONTRACT
Federal Contract Award Search » IDC Award
This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2023 on Aug 18, 2023 to BUILDTEC CORP. by NAVFAC Mid-Atlantic. There have been $1.8M in obligations to date with a ceiling value of $4.5M, showing a 40% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Aug 16, 2028.
BUILDTEC CORP. is a contractor located in VA, doing primarily Facility Related Services > Facilities Repair work for Navy. Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio. BUILDTEC CORP. is a certified 8(a) contractor through May 21, 2030.
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
- N4008523D0075
- Contractor
- BUILDTEC CORP
- Obligations to Date
- $1.8M
- Ceiling Value
- $4.5M
- Award Date
- 08/18/2023
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Navy»Naval Facilities Engineering Command (NAVFAC)»NAVFAC Atlantic»NAVFAC Mid-Atlantic
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N4008523F6306 | BUILDTEC CORP | $27.1k | 08/18/2023 |
| N4008524F4268 | BUILDTEC CORP | $87.9k | 11/30/2023 |
| N4008524F4269 | BUILDTEC CORP | $6.9k | 11/30/2023 |
| N4008524F5189 | BUILDTEC CORP | $220.8k | 04/26/2024 |
| N4008524F5736 | BUILDTEC CORP | $73.3k | 06/27/2024 |
| N4008524F5988 | BUILDTEC CORP | $288.5k | 08/16/2024 |
| N4008524F6327 | BUILDTEC CORP | $1.1M | 08/29/2024 |
