VA101F17D3006 - THE CONTRACTOR SHALL BE RESPONSIBLE FOR PROVIDIN...

This IDC contract for Real Estate Services, Construction & Related Services > Architect, Engineering & Construction, International Affairs, Business Admin Services, Facilities Purchase & Lease was awarded in FY2017 on June 09, 2017 to CONCOURSE FEDERAL GROUP, LLC by Office of Construction and Facilities Management. There have been $6M in obligations to date with a ceiling value of $10M, showing a 60% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of December 07, 2022.

CONCOURSE FEDERAL GROUP, LLC is a contractor located in VA, doing primarily Real Estate Services work for Veterans Affairs. The company receives $14.9M 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.

Read the full report

Buying Agency/Office

Veterans Affairs » VA Office of Acquisition, Logistics and Construction » Office of Construction and Facilities Management

Read the full report