SPE60524D4508 - GASOLINE, AUTOMOTIVE
Federal Contract Award Search » IDC Award
This IDC contract for Petro-Chemical Industries > Transportation and Logistics Services was awarded in FY2024 on Oct 31, 2023 to GLOBAL EXECUTIVE MANAGEMENT, INC. by DLA Energy. There have been no obligations to date with a ceiling value of $3.5M, showing a ~0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 33 offers received. We expect a 5 year duration with ultimate completion date of May 30, 2028.
GLOBAL EXECUTIVE MANAGEMENT, INC. is a contractor located in FL, doing primarily Passenger Travel work for Defense. The company receives $2.2M 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.
- Contract Number
- SPE60524D4508
- Contractor
- GLOBAL EXECUTIVE MANAGEMENT, INC.
- Obligations to Date
- $0.00
- Ceiling Value
- $3.5M
- Award Date
- 10/31/2023
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Defense»Defense Logistics Agency (DLA)»DLA Energy
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