N6945020D0041 - DBB IDIQ - FORT WORTH, FFP GEN. CONSTRUCTION NTE 5...
Federal Contract Award Search » IDC Award - 8(a) Design-Bid Build (DBB) Indefinite Delivery/Indefinite Quantity (IDIQ) Multiple Award Construction Contract (MACC) for Fort Worth Area (2020)
This IDC contract for Facility Related Services > Facilities Maintenance, Facility Related Services > Facilities Repair, Construction Related Materials > Facilities & Construction, Construction & Related Services > Architect, Engineering & Construction was awarded in FY2020 on Jun 4, 2020 to VELIZ COMPANY, LLC by NAVFAC Southeast. There have been $1.9M in obligations to date with a ceiling value of $49M, showing a 4% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 19 offers received. We expect a 5 year duration with ultimate completion date of Jun 2, 2025.
VELIZ COMPANY, LLC is a contractor located in TX, doing primarily Facility Related Services > Facilities Repair work for Army. The company receives $8.4M 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
- N6945020D0041
- Contractor
- VELIZ COMPANY, LLC
- Obligations to Date
- $1.9M
- Ceiling Value
- $49M
- Award Date
- 06/04/2020
- Contract Type
- IDC
- Competition Set Aside Type
- 8a Competed
- Buying Agency/Office
- Navy»Naval Facilities Engineering Command (NAVFAC)»NAVFAC Atlantic»NAVFAC Southeast
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N6945020F0883 | VELIZ COMPANY, LLC | $0.00 | 06/04/2020 |
| N6945020F2594 | VELIZ COMPANY, LLC | $216.2k | 09/18/2020 |
| N6945022F0177 | VELIZ COMPANY, LLC | $245.2k | 01/28/2022 |
| N6945022F0303 | VELIZ COMPANY, LLC | $768.4k | 05/13/2022 |
| N6945023F0705 | VELIZ COMPANY, LLC | $676.6k | 07/24/2023 |
