SPE8EC24D0036 - HEAVY EQUIPMENT PROGRAM IST -
Federal Contract Award Search » IDC Award
This IDC contract for Construction Related Equipment > Facilities & Construction was awarded in FY2024 on May 10, 2024 to Federal Contracts Corp by DLA Construction and Equipment Directorate. There have been no obligations to date with a ceiling value of $8M, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of May 8, 2029.
Federal Contracts Corp is a contractor located in FL, doing primarily Automotive Parts & Products > Transportation and Logistics Services work for General Services Administration. The company receives $62.6M 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
- SPE8EC24D0036
- Contractor
- FEDERAL CONTRACTS CORP
- Obligations to Date
- $0.00
- Ceiling Value
- $8M
- Award Date
- 05/10/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Defense»Defense Logistics Agency (DLA)»DLA Troop Support»DLA Construction and Equipment Directorate
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