SP470002A0005 -

This IDC contract for Electrical & Electronics Equipment > Electronic & Communication Equipment, Records Management > Professional Services, Records Management > Digitization, Telecommunications, Business Admin Services, Furniture, Acquisition Support, IT Consulting, IT Security Hardware, IT/Cyber Security, Science/Engineering > Professional Services, IT Software, IT Hardware, Communications Equipment, Medical Equipment & Supplies > Medical Supplies/Equipment, Printed/Published Media, IT Outsourcing, Test & Measurement Supplies, Consumer Products > Miscellaneous S&E, Detection & Coherent Radiation Equipment > Information Technology, Program Management, Education/Training > Human Capital, Office Products & Services, Consumer Products > Electronic & Communication Equipment, Industrial Products & Machinery > Industrial Products & Services, Textiles, Clothing & Personal Accessories, Hardware & Tools, Construction Related Equipment > Industrial Products & Services was awarded in FY2002 on Jul 11, 2002 to Patriot Technologies by . There have been $174M in obligations to date with a ceiling value of $174M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 17 year duration with ultimate completion date of May 25, 2019.

Patriot Technologies is a contractor located in MD, doing primarily IT Software work for Defense. The company receives $9.9M 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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