N4044612D0001 - GUAM SHIP REPAIR IDIQ

This IDC contract for Aerospace & Defense > Equipment Related Services, Marine Products & Materials > Equipment Related Services was awarded in FY2012 on Jun 29, 2012 to GUAM INDUSTRIAL SERVICES INC by MSC Ship Support Unit Guam. There have been $20M in obligations to date with a ceiling value of $63.5M, showing a 32% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Jun 29, 2017.

GUAM INDUSTRIAL SERVICES INC is a contractor located in GU, doing primarily Aerospace & Defense > Equipment Related Services work for Navy. The company receives $288k 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.

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Buying Agency/Office

Navy»Military Sealift Command»MSC Far East - Singapore (MSCFE)»MSC Ship Support Unit Guam

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