N6852023D0012 - IDIQ FOR LEVEL OF EFFORT CONTRACT FOR MRO

This IDC contract for Aerospace & Defense > Equipment Related Services was awarded in FY2023 on Jun 12, 2023 to ARROWS EDGE LLC by Commander Fleet Readiness Centers (COMFRC). There have been $71.8M in obligations to date with a ceiling value of $234.8M, showing a 31% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 4 offers received. We expect a 3 year duration with ultimate completion date of Jul 30, 2026.

ARROWS EDGE LLC is a contractor located in AL, doing primarily Aerospace & Defense > Equipment Related Services work for Navy. 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»Naval Air Systems Command»Commander Fleet Readiness Centers (COMFRC)

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