N6945016D0112 - NATURAL RESOURCES ETS BASIC CONTRACT

This IDC contract for Construction & Related Services > Architect, Engineering & Construction, Environmental > Conservation, International Affairs was awarded in FY2016 on Jun 24, 2016 to LG2 ENVIRONMENTAL SOLUTIONS, INC. by Defense Finance and Accounting Service (DFAS). There have been $4M in obligations to date with a ceiling value of $4M, showing a 100% 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 3 year duration with ultimate completion date of Jun 22, 2019.

LG2 ENVIRONMENTAL SOLUTIONS, INC. is a contractor located in FL, doing primarily International Affairs work for Army. The company receives $2M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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

Defense»Defense Finance and Accounting Service (DFAS)

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