TPDARC12C0001 - INVESTMENT ACCOUNTING SOFTWARE AND SERVICES

This IDC contract for IT Hardware, IT Software, IT Outsourcing, IT Consulting was awarded in FY2011 on Sep 30, 2011 to SUNGARD INVESTMENT SYSTEMS LLC by Administrative Resource Center (Office of Shared Services). There have been $32.2M in obligations to date with a ceiling value of $39.2M, showing a 82% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 10 year duration with ultimate completion date of Sep 29, 2021.

SUNGARD INVESTMENT SYSTEMS LLC is a contractor located in IL, doing primarily IT Software work for Treasury. The company receives $3.2M 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.

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Buying Agency/Office

Treasury»Bureau of the Fiscal Service»Administrative Resource Center (Office of Shared Services)

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