N6247020D0019 - BASE YR + 2 OPTIONS DON'S REAL PROPERTY MANAGEMENT...
Federal Contract Award Search » IDC Award
This IDC contract for Program Management, Education/Training > Human Capital was awarded in FY2020 on Sep 25, 2020 to SIGNIFICANCE INC. by Naval Facilities Engineering Command (NAVFAC). There have been $52.9M in obligations to date with a ceiling value of $52.9M, showing a 100% burn rate so far on the contract. The contract was competed under Women Owned Small Business preference program with 5 offers received. We expect a 4 year duration with ultimate completion date of Sep 23, 2024.
SIGNIFICANCE INC. is a contractor located in MD, doing primarily Program Management work for Navy. The company receives $8.7M 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
- N6247020D0019
- Contractor
- SIGNIFICANCE INC.
- Obligations to Date
- $52.9M
- Ceiling Value
- $52.9M
- Award Date
- 09/25/2020
- Contract Type
- IDC
- Competition Set Aside Type
- Women Owned Small Business
- Buying Agency/Office
- Navy»Naval Facilities Engineering Command (NAVFAC)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N6247020F5662 | SIGNIFICANCE INC. | $1.7M | 09/25/2020 |
| N6247021F4017 | SIGNIFICANCE INC. | $5.4M | 12/30/2020 |
| N6247021F4070 | SIGNIFICANCE INC. | $3.4M | 06/24/2021 |
| N6247021F4100 | SIGNIFICANCE INC. | $523.3k | 08/06/2021 |
| N6247021F4069 | SIGNIFICANCE INC. | $2.5M | 09/15/2021 |
| N6247022F4017 | SIGNIFICANCE INC. | $5.1M | 12/30/2021 |
| N6247022F4090 | SIGNIFICANCE INC. | $3M | 06/24/2022 |
| N6247022F4106 | SIGNIFICANCE INC. | $1.4M | 07/15/2022 |
| N6247022F4100 | SIGNIFICANCE INC. | $1M | 07/21/2022 |
| N6247022F4120 | SIGNIFICANCE INC. | $622.2k | 08/03/2022 |
| N6247022F4150 | SIGNIFICANCE INC. | $221.9k | 09/20/2022 |
| N6247023F4027 | SIGNIFICANCE INC. | $5.7M | 12/30/2022 |
| N6247023F4026 | SIGNIFICANCE INC. | $2M | 04/06/2023 |
| N6247023F4095 | SIGNIFICANCE INC. | $799.8k | 06/15/2023 |
| N6247023F4131 | SIGNIFICANCE INC. | $3.3M | 06/23/2023 |
| N6247023F4121 | SIGNIFICANCE INC. | $172.3k | 06/27/2023 |
| N6247023F4156 | SIGNIFICANCE INC. | $619.9k | 08/04/2023 |
| N6247023F4136 | SIGNIFICANCE INC. | $268.6k | 08/31/2023 |
| N6247023F4223 | SIGNIFICANCE INC. | $392.1k | 09/19/2023 |
| N6247024F4003 | SIGNIFICANCE INC. | $5.7M | 12/22/2023 |
